DK RentalA collection of research and reports on the topic of Rental Stats & Trends in the rental property management business around the globe. Read through, see where opportunities are heading and share your opinions.
How will the largest construction boom in Canadian history address the lack of supply narrative? It will depend on how much of this new inventory will be primary rental and how much will become secondary rentals. Does anyone have research monitoring the secondary rental market?
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The BC government abolishing the rental & age restrictions in strata will add about 2300 more rental suites. The key to avoiding having bad tenants is proper tenant screening by landlords. Under this change, the strata can also evict the tenant. What are your thoughts?
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According to RBC, the number of renters has increased at three times the rate of homeowners over the past decade. The argument is not enough supply, more correctly affordable supply of housing. What are landlords who have higher-end rentals to do?
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Laneway homes are not a one size fits all. Ideal for some neigbhourhoods, but not for high-end neigbhourhoods.
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Liv.rent's rent analysis is a fair representation of the rent rates across the different municipalities vs. other reports that make it look like the high asking rents in downtown Vancouver are the same across the board. What are your thoughts?
If you read the stats, the problem isn't new as it has been happening for decades. The question is instead of blaming the government and society for the lack of rental housing. How can both the private and public sectors create a viable solution to address the multiple tiers of housing for each demographic group? The fact is that new purpose-built rentals are not "cheap" unless they get subsidized by the government. As buildings age, the maintenance and repair costs increase. A never-ending and challenging problem. Can near and long-term solutions are created by crowdsourcing?
Vancouver continues to attract global tech companies. We are the Silicon Valley of the North. Attracting more highly skilled workers who need rental housing.