Category Archives: Market Research

Home Ownership As An Investment (More)

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Last week I discussed the notion of home ownership as an investment, something which has been a good choice for many Canadians over the past decade or so, although it’s been a questionable choice for many Americans, putting aside the run-up in housing prices in the US during the pandemic. This week I provide links to two additional articles on… Read more »

Home Ownership As An Investment

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Just before Christmas I came across an interesting article which does a good high-level job of pointing out some of the contradictions in housing policy with regard to ownership versus renting and how that relationship results in less affordable/’affordable’ housing than society requires. The article dates from 2016 and focuses on the US, but it’s worth a look. Here’s the… Read more »

What Are Renters Paying In Niagara?

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Late last year I wrote a post (dated September 21, 2020) which used Census data to answer the question, “What are renters renting in Niagara?” I found that the bulk of Niagara’s renter households are most likely to rent detached houses and units in multi-unit buildings with less than five floors, followed by multi-unit buildings with more than five floors…. Read more »

The Effect Of Increasing Supply On Average Rents

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In my post last (last) week I talked about ‘trickle down’ supply issues and explained my reasons why I don’t think it results in increased affordability or increased access to affordable rents (some extreme situations excepted). One of the assertions I made was that rents in older buildings will keep going up, no matter how many new buildings—i.e. high-rent rentals—are… Read more »

Rent Gaps, Part I

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In a previous post (dated August 4, 2021) I examined the contribution to rent revenues that 1B and 2B purpose-built rental units make and found that 0B and 1B units contribute a lower percentage to estimated total average rent revenues than their percentage of rental supply. In this post I’m going to take a look at the “gap” between average… Read more »

Rent Revenue Contributions by Unit Type

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Data shows that 1B and 2B rental units are by far the most plentiful unit types, together making up over 80% of all purpose-built rental units in southern Ontario’s 59 largest cities and towns. This means they contribute the bulk of rent revenues. However, 1B and 2B rents are often quite different, and the different quantities of each unit type… Read more »

To Rent or Not To Rent

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One of the more common non-industry discussions about the industry has long been the renting versus owning question. Who comes out ahead over the long term? Is it the home owner who commits a huge amount of capital to home ownership and sees their house increase in value over time? Or is it the renter who rents an apartment or… Read more »

Ownership Housing Affordability in Canada

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The National Bank of Canada last month released a document which they call their ‘Housing Affordability Monitor’ which tracks historical affordability of ownership housing—condo and non-condo—in ten of Canada’s largest cities. You can download the document in PDF format from the link below. https://www.nbc.ca/content/dam/bnc/en/rates-and-analysis/economic-analysis/housing-affordability.pdf Everyone knows that housing prices keep going up and up and up and keep getting less… Read more »

‘The Limits Of Numbers’

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Beyond rental housing, one of my interests is personal investing, which, to learn more about, I read lots of articles and listen to podcasts. Recently I read an article entitled “The Limits of Numbers in Life and Investing” by Vishal Khandelwal. It makes some great points about data and numbers in investing and you can read it via the link… Read more »