in CalgaryHousing Affordability

There’s a Need for Affordable Housing in Calgary!

of gross household

incomeshould be spent on rent

30%no more than

no more than

of gross household

incomeshould be spent onhome ownership

32%

of all Calgary households(72,195 households)

19%

Jared and Rebecca Chamberlain are Calgary REALTORS® who are changing how real estate is done in Calgary by utilizing social media, online marketing and advanced tools to sell your home in Calgary faster and for far more money than many other Calgary real estate agents. Both Jared and Rebecca focus on educating their clients on how to buy a house in Calgary or sell a home in

Calgary works as they want to give their clients the knowledge and condence to make the right decisions.

Infographics ChamberlainGroup.ca403.366.3130

apartment

monthly rate3+

bedroom

average

$1082

apartment

monthly rate2-b

edroom

average

$1087

apartment

monthly rate1-b

edroom

average

$900

apartment

monthly ratebac

helor

average

$707

$979The overall average rental cost for apartments in the Private Market

(CMCH, 2011b: 13)

Average Monthly Rent in the Private Market

Rental costs include payments for utilities:

(CMHC, 1991:4).

Water Electricity Fuel

Where they are paid separately from rent.

Ownership costs include payments for utilities:

(CMHC, 1991:4).

Water Electricity Fuel

Plus Condominium Fees(where the dwelling is a condominium)

$44,000have a gross annualincome of less than

For Calgary City Council, “affordable housing” adequately suits the needs of low- and moderate-income households at costs below those generally found in the

Calgary market. Households in each income group are renters with a gross household income below $44,000 per year,

spending 30% or more on shelter (Statistics Canada, 2006 census.)(Statistics Canada, 2006 census.)

Canada Mortgage and Housing Corporation (CMHC) developed widely used guidelines for the maximum amounts that households should spend on shelter.

and spend 30% or more of their income on shelter costs