New calculations from Turner Drake & Partners reveal that Nova Scotia faces the highest rental affordability burden in Canada, despite not having the overall highest score on their Residential Market Pressure Index. The index, which assesses factors like rental and ownership pressure, indicates that Nova Scotia’s affordability challenges are significant. While the province is increasing housing supply, experts suggest that simply building more units isn’t enough to alleviate the crisis. The government is exploring non-market housing options to address these ongoing issues.
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