We’ve all heard the phrase “too much house,” which we generally understand to refer to people who own or occupy much larger houses than they need. Is this a real phenomenon which is supported statistically, or is it just an urban legend sort of thing? Recently, while preparing a report for a client, I noticed something interesting in a set… Read more »
Recently, while fiddling around with some CMHC data for London, I put together the following charts based on some calculations I was making with the data. These charts compare the growth in the supply of purpose-built rental apartments and townhouses versus average vacancies and average rents, by building age, for the period 2004 to 2019. Building age is separated into… Read more »
In the first post on this website I described how the Census counts the total number of dwellings and households, and how one household equals one dwelling (the number of unoccupied dwellings, those without a household, is too small to take much notice of). In this post I want to see how the total number of households has grown over… 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 »
Rental supply density is a calculation that compares a city or town’s total population to its total amount of rentals and is expressed as the ratio of total rental units for every 1,000 people. Basically, the higher the rental supply density number, the greater the number of rentals versus the city’s population. The number of rentals used in the calculation… Read more »