What Types Of Housing Are Being Rented? Part II

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In this post (a follow-up to my post dated November 4, 2020), I use housing data from the Census and CMHC to separate rentals into purpose-built and non-purpose-built for the GTA’s major cities, adding owner-occupied units. The number of non-purpose-built rentals by type is calculated by subtracting purpose-built rentals from total rentals. The charts below show the results. The most… Read more »

Staying Put: Non-Movers in Census Data

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One of the more obscure data points in the Census is what Statistics Canada calls “mobility,” the number of people who moved or didn’t move. In the Census this is measured as the number of people who were living at the same or a different address one year before or five years before, and, if they moved during that period,… Read more »

What Types of Housing Are Being Rented? Part I

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That’s the question. What’s the answer? Most people when they think of rental housing they think of tall concrete apartment towers clustered in Toronto or Mississauga. It’s true that in most of Ontario’s larger cities multi-unit apartment buildings constitute the bulk of the rental supply, but many cities it’s a much smaller part of the supply than we realize. So… Read more »

BILD’s New Report on Municipal Approvals

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Altus Group recently prepared a report for the Building Industry and Land Development Association, or BILD, which you can download the report from the link below: https://bildgta.ca/advocacy/reports According to Altus, the report is intended to “undertake a study of several factors that may be contributing to housing affordability issues in major housing markets across the Greater Toronto Area, such as… Read more »

You Only Get One Chance To Develop Land

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You only get one chance to develop land. Recently, I was talking to a friend in the industry who, thanks to heavy traffic on the QEW, drove along the Oakville section of Dundas Street (Highway 5) for the first time in a year or two. Locals will know that this part of north Oakville is being rapidly developed as the… Read more »

Where Do Renters Come From?

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One thing I’ve been wondering about for months is where exactly landlords think they will go for new tenants if there are mass evictions from apt rental units. This is cold comfort for people facing eviction. But it’s a basic structural issue I’m not sure people and perhaps landlords have fully internalized. When it affects a small subset of renters… Read more »

The Universal Rental Building

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Back in 2014 I was going to dinner with a friend in the industry and I drove past one of those highway interchanges that allow major arterial roads access. In the suburban GTA most highway interchanges have one or two or three hotels clustered around them. That evening I realized that all of those hotels are basically the same: eight… Read more »

What Are Renters Renting In Niagara?

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This post is a follow-up to my recent post (dated September 10th) which looked at Census data which showed what types of dwellings (houses, townhouses, apartments, etc.) Niagara’s households were living in. This post takes a look at similar data but focuses on renter households in an effort to answer the question, What are renters renting? The following tables reproduce… Read more »

Projecting Future Housing Demand: Niagara

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How much housing will be needed in the future? That’s the most important question for developers and lenders who want to know if the new housing projects which they’re proposing to build will be needed. Obviously, it’s impossible to answer that question with much accuracy, since by definition the future is impossible to predict. That hasn’t stopped Ontario’s Ministry of… Read more »

Don’t Stop Hiring During The Pandemic!

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Don’t stop hiring during the pandemic. Yes, I know the economy looks shaky, and yes, I know that the first instinct of everyone who owns or operates a business is to clamp down on spending, but the pandemic isn’t going to last forever and most of the rental housing industry is doing okay. Perhaps if your portfolio contains a bunch… Read more »