Tower Rentals in Parkdale
A Community Action Research Project
The Neighborhood Land Trust & Parkdale People’s Economy will implement a Community Action Research Project that seeks to document and respond to the increasing financialization and diminishing affordability of Parkdale’s mid-century private tower rental housing stock by identifying community-led housing solutions to preserve housing affordability including three policy proposals, two community action initiatives, and a new social housing model.
What’s the real impact of gentrification?
The Neighborhood Land Trust & Parkdale People’s Economy will implement a Community Action Research Project that seeks to document and respond to the increasing financialization and diminishing affordability of Parkdale’s mid-century private tower rental housing stock by identifying community-led housing solutions to preserve housing affordability including three policy proposals, two community action initiatives, and a new social housing model.
Project Lead(s):
Home Organization:
The Neighbourhood Land Trust
Other Participants:
Martine August, Scott Leon
Community Partner:
Parkdale People’s Economy / PARC
Funding Stream:
Community-Focused Project
Project Status:
Complete
Timeline
The project had three phases:
Market Analysis – First, the project will conduct an academic study of the local rental market trends in mid and high-rise towers in Parkdale over the past 10 years to analyze the changes in ownership, management, building quality, rental rates, and tenancy stats such as above guideline rent increases and evictions.
Tenant Impact & Needs Assessment – Second, a community action research component will explore the impact of these market trends on tenant material and social wellbeing.
Identification of Community-led housing solutions – Third, tenants, researchers, and affordable housing experts will work together to develop proposals for community-led housing solutions to preserve housing affordability and respond to community-identified needs and priorities. This will include three policy proposals, two community action initiatives, and a new social housing model.
Research Outputs
Existing reports, presentation materials, podcasts, webinar recordings and research summaries.
Parkdale Tower Rental Housing Study (2022)
The Impact of Financialization and Gentrification on Housing Affordability and Tenant Wellbeing
A research project on the impact of financialization and gentrification on Parkdale’s rental towers on housing affordability and tenant wellbeing.
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