Housing affordability and the standard of living in Toronto /

He is author of War on the Dream: How Anti-sprawl Policy Threatens the Quality of Life and the co- author with Richard Vedder of The Wal-Mart Revolution: How Big-Box Stores Benefit Consumers, Workers, and the Economy. [...] The author of this study has worked independently and the opinions expressed are therefore their own, and do not necessarily reflect the opinions of the board of the Frontier Centre for Public Policy. [...] The cost of housing is the largest element of household budgets and is thus a major determinant of the standard of living and the extent of poverty. [...] These two objectives are directly related to the overall goal of maximizing the size of a city’s labor market, and therefore, its economic prosperity.” 3 Consistent with this, the virtually universal domestic public policy priority of governments is the betterment of people by facilitating a higher standard of living and reducing poverty. [...] The principal focus of the report is the cost of housing, which is the largest element of household budgets.