Over the years I’ve found that the best way to explain to clients how their rental buildings rank compared to competitors is by using charts and diagrams. Once you, as a manager or investor see your building positioned on a chart, you will instantly understand where your building is positioned now and where it could be repositioned in the future…. Read more »
NIMBY refers, of course, to Not In My Back Yard, the label traditionally applied to people who fight development proposals (usually higher densities) in their neighbourhoods. These are the people who say “I don’t want that in my back yard” or, more precisely, “I don’t want that built near my property.” It’s actually a pretty natural thing to prefer that… Read more »
NOTE: Before reading this post, readers should read my first post in 2019 in which I explain how housing markets in Ontario can be separated by type and tenure. We can separate purpose-built rentals into three categories: (1) old rentals built pre-2000, (2) new rentals built in 2000 or later, and (3) the number of new rentals needed to reach… Read more »
Does everyone remember trickle-down economics? That ridiculous ‘theory’ from the 1980s and early 1990s which claimed that if government helps out rich corporations and rich individuals some of their wealth with naturally ‘trickle-down’ to everyone else, helping the economy generally and poorer people specifically. It was always disingenuous, self-serving nonsense of course, because lavishing tax cuts, tax credits, tax loopholes,… Read more »