DK RentalA 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.
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?
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Is the second dotcom bust coming our way? Who will be the strong tech companies? How will this affect your tenants who are software developers?
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Working from is no longer ancient or cool, it’s matured. With tighter living spaces. What are landlords doing to attract and accommodate your tenants?
Read Full ArticleThe rents did drop during the first wave of the pandemic. The challenge with research and data, it is time-lagged by the time it is analyzed and reported. With mobile devices & IoT, companies and investors invest rely on real-time data analytics, which will make a huge difference in planning and forecasting. The data reports what happened in 2020, we are in 2022. People have already moved back to Vancouver.
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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.
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?
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.
