Confusing narrative, ongoing layoffs in the high-paid tech sector tight labor market? What sectors should landlords be focusing on when screening qualified tenants?
Read Full ArticleDemographic & Population Trends
A collection of research and reports on the topic of Demographic & Population Trends in the rental property management business around the globe. Read through, see where opportunities are heading and share your opinions.
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Immigration to Canada hits record high in 2022
With the housing shortage narrative, where are all these new immigrants living? They aren’t living on the streets. Are they renting the higher-priced secondary market rentals? If they are, I’m not seeing them.
Read Full Article2023 is shaping up to be the year of the multi-family house
Will the proposed zoning for a six-unit multiplex on a single-family lot be a viable solution to addressing the “missing middle”? The point about stratifying these units makes economic sense. The question is whether it will create enough affordable housing or an opportunity for expensive tiny home rentals.
Read Full ArticleCanada’s jobs are changing as the work force gets more educated, diverse: Statscan
A highly educated workforce improves a country’s economic development. The other reality is highly educated people working low-wage service jobs to make ends meet. With the same education, what other factors differentiate the workers achieving their career goals vs. those who don’t?
Read Full ArticleExclusive articles on Demographic & Population Trends in Canada
One In Five Canadians Are In “Shelter Poverty” and It’s Worse For New Immigrants
Even though this data was released a few days ago, it’s not particularly fresh. The analysis was conducted using data collected back in 2018. Home prices have since increased by over 40% in general, and rents have soared. Heck, rents have even increased in cities with rising vacancy rates. In short, as bad as this data is — it’s probably deteriorated even further.
Microsoft president sees 'new era' of stagnating labor pool
Interesting stat about higher wages from Microsoft due to slowing population growth in the US. How does this trend impact real estate and demand for rental properties over the next 10 years in Canada?
Generation Z Will Pay $226,000 in Rent in their Lifetime
According to Hot Pads, Gen Z will pay about US$232k in rent over their estimated 11-year rental lifetime. It works out to be about US$21k/year or $C28k/year.