There's something deeply dystopian about a housing "lottery." How long until some brilliant entrepreneur makes a reality show about it?
When my City-Brain hears the words
'deeply dystopian' - my thoughts go to places where there are thousands of "abandoned homes" (eg. Cleveland has '3,600-plus properties that are likely to need demolition') because people don't want to live there -VS- a City like Toronto, where people are trying everything possible to live/stay in our City.
Abandoned and blighted homes in Cleveland, Ohio may soon be facing demolition if city council gives final approval to a $15 million plan, funded by American Rescue Plan Act money.
www.cleveland.com
In a perfect-world, Toronto wouldn't need a HOUSING LOTERY to allocate new units, because we would have spent the last 30+ years building enough apartments, condos and townhouses, etc to meet our demographic demands - and we'd have a healthy 5% vacancy-rate. That didn't happen, so for at least the next decade the HOUSING LOTTERY model is going to continued to be used for new Workforce-Housing rental units when they are ready for move-in.