1 in 5 Ontario tenants spend 50 per cent of income on housing: study

A member passed forward this article from CBC which refers to a study showing that 1 in 5 people are spending half of their income just to put a roof over their heads.

"While there is some debate about using 30% of a household's gross income as the threshold to measure affordability, there is little debate about affordability when tenant household spend 50% or more of their income on housing costs," the study said.

The percentage of Ontarians who spent half of their income on rental accommodation has remained constant in the past couple of years.

That is a bad sign, the groups said, when you consider that Canada has enjoyed a strong economy during the same period.