The Regional District of Fraser-Fort George will unveil its Housing Needs Report next month.
Community members, organizations, and anyone with an interest in addressing rural housing needs are invited to attend a virtual session via Zoom on December 9th from 7-8:30 pm.
The full study can be found here.
Key findings from the project include:
• The population of the Electoral Areas is growing, especially in Electoral Areas closer to Prince George.
• The population of the Electoral Areas is aging. By 2026, 22% of the population may be over the age of 65.
• Renter households earn less income than owners and are more likely to be at risk of housing insecurity.
Nearly one-quarter of renter households in the Electoral Areas were either unaffordable, in need of major
repair, or overcrowded.
• Adjusted for inflation, the cost of homeownership has increased 45% across the Electoral Areas over the past
10 years. Many residents have been priced out of the ownership market.
• Couple households are much more likely to be able to meet their needs than single individuals or lone
parents. Indigenous households are at a greater risk of housing insecurity than non-Indigenous households.