cover image: Growth in household incomes and shelter costs, 1991-2001 : Évolution du revenu et des frais de logement des ménages, 1991-2001

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Growth in household incomes and shelter costs, 1991-2001 : Évolution du revenu et des frais de logement des ménages, 1991-2001

29 Jun 2004

A similar rise and fall in the incidence of households issues of the 2001 Census Housing Series that draw on a in housing that did not meet the affordability criterion was composite measure of acceptable housing that integrates described in the third issue of the series. [...] The reverse was true 20% Household Income of the first half of the 1990s when employment and income Shelter Costs growth were comparatively weak during the recession of the 15% 15% early 1990s and its aftermath. [...] In conjunction with a 9.4% households fell or were steady in most provinces and increase in average shelter costs, the acceleration in income territories, rising only in Newfoundland, Saskatchewan and growth reduced the average STIR for renters from 30% in the Yukon. [...] Average household income can be thought of as a weighted average of the incomes of owner and renter households and, as such, can grow because the incomes of owners or renters grow or because the relative proportion of owners and renters shifts in favour of the high-income group (owners). [...] The increase in the proportion of owner households is also the explanation for how the average STIR for all households could return to the 1991 level in 2001, while STIRs for owners and renters remained above their 1991 levels.
economy housing recession canada economic growth income investments mortgage alberta housing affordability quebec québec affordable territories nunavut provinces and territories of canada ontario census geographic units of canada affordable housing in canada northwest territories prairie

Authors

Lewis, Roger D

Pages
12
Published in
Canada

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