Toronto needs to think outside the box — or the condo tower — when it comes to solving its housing challenges. Put another way: “It’s time to hack the condo model,” says the executive director of the Ryerson City Building Institute. Options for Homes, a social enterprise that helps home buyers with down payments, and a new modular design being considered in Hamilton, are among the ideas Toronto needs, according to a report from the Ryerson City Building Institute. Here are five ideas that could help Toronto confront its housing affordability challenge, according to the City Building Institute’s “Rethinking the Tower” report. Naked House affordable housing offers the finished shell of a house or apartment and furnish it at your own pace and price.

Source: thestar February 17, 2019 22:30 UTC