BILD: Why a sustainable and predictable housing market should be our goal
We need elected officials who are pro-housing
Dave Wilkes, Published Oct 16, 2026
On October 26, voters across the Greater Toronto Area (GTA) will decide who they think will best represent them and their interests over the next four years within municipal government.
Ahead of any election, I use this space to discuss important housing matters and perspectives that impact GTA residents.
Given that this will be my last column ahead of election day, my final message to voters is to remember that when it comes to housing, a stable, sustainable and predictable market in the GTA should be our objective.
The reality is, no one benefits from housing markets being out of balance. Massive swings in the market pose challenges for homebuyers and homebuilders alike.
Peaks in demand and tight supply leads to rapid escalation, affordability challenges and societal impacts.
Young families and first-time homebuyers have to delay important milestones or choose to migrate outside of the GTA in search of housing that meets their needs at a price they can afford. This affects their quality of life due to the increased time and consequence of long commutes.
On the reverse end, valleys in demand lead to a dramatic slowdown in economic activity, employment and tax revenue for all levels of government that rely on new communities to support new infrastructures, services and programs. After all, the new home sector is a major employer and economic driver in the GTA.
