The societal impacts of Canada's housing crisis
We all know Canada is experiencing a housing crisis. Did you know that we are also facing a population crisis? Based on internal birth rates alone, our population is actually on the decline.
We all know Canada is experiencing a housing crisis. Did you know that we are also facing a population crisis? Based on internal birth rates alone, our population is actually on the decline.
Montreal is an attractive and unique Canadian city for many reasons – from its French-Canadian culture to its festivals and thriving universities. One additional factor that makes it stand out from other major cities in Canada is lower average rents.
Every first-generation developer knows the feeling of working hard and the children have grown accustomed to the comforts of the life, but haven’t had to work for it in the same way you did. What do you do?
With low interest rates in recent year, the vendor takeback mortgage has been essentially an unnecessary device that has sat unused. However, it remains a specific tool that is particularly useful when markets are a little volatile.
It’s no surprise housing affordability is a major concern for young Canadians. Due to rising house prices, high interest rates and stagnant wage growth, many young adults perceive home ownership as an unattainable goal.
The economic landscape has revealed that apartments are a resilient and attractive asset class, weathering economic storms and political interference. In the Canadian market, Alberta is a prime growth opportunity, representing a beacon of safety and potential for investors.
Establishing a feeling of community in your building is a worthwhile goal, but creating friendship between neighbours can be challenging, not to mention a burden on regular property management responsibilities. Enter Apartment Life . . .
In 2003, I did a cross-Canada student-housing needs study for both universities and colleges. The results were extraordinary, and I took them to my client at the time. I told them there was a pan-Canadian business opportunity for them in this industry.
A new way to help alleviate the affordable housing crisis, is to consider the idea of a mini vertical village — a walk-up family fourplex built to allow for privacy as well as commonality and community.
Today, we are seeing people being blocked out of the housing market by increasing home prices. Although two-thirds of Canadian households owned their home in 2021, the percentage of renters has increased over the past decade.
During the past four months, myself and about 20 others in the real estate industry have gotten together for an hour one Sunday morning each month to talk about our health and longevity.
A client recently retained us to help determine the feasibility of a project that won’t be ready for occupancy until 2027.
It was a bold claim in 1961 when President Kennedy said he was going to put a man on the moon before the end of the decade. He went on to succeed, and the idea of a moonshot was born.
The “story” is often an indicator of the foundation of the principles that a company is founded upon. TCU Development Corporation (TCU) is no different – it was founded in 2010 by hockey teammates who understood the values of leadership.
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