All tagged Affordability
Recycled listings consistently skew statistics, like average days on market and sales-to-new listings, to make the real estate market look hotter so that home buyers will feel rushed and offer more money for their home than the true market statistics would support.
Ocean cities have the potential to save us from rising ocean levels, bring more housing supply, and bind humanity more closely to the health and fate of our oceans. Should we give them a chance?
Municipalities failed to deliver promised housing supply in 2018. The crisis will continue.
We’ve all heard people in Vancouver who blame lack of supply for housing unaffordability. Many will have heard the opposing “Supply Myth” argument. We believe that the supply problem is real and could be worse than any of us imagined.
By 2021 Metro Vancouver housing stock will be short by 62,000 homes!
The housing supply problem is bad, it’s real, and will likely get worse.
We’ve all heard people in Vancouver who blame lack of supply for housing unaffordability. Many will have heard the opposing “Supply Myth” argument. We believe that the supply problem is real and could be worse than any of us imagined.
By 2021 Metro Vancouver housing stock will be short by 52,000 homes!
The City of Vancouver recently announced the beginning of 18 months of consultation that will result in a “Making Room” rezoning which is intended to find neighbourhoods to add more duplexes and laneway homes. Making room implies, there isn’t room already and this is far from the truth. Vancouver has loads of space, but it is poorly used. Vancouver’s land use has barely changed since we paved over the orchards and farms to build suburbs south of the downtown core after WWI. Rather than just “Making Room”, it’s time for Vancouver to evolve from Citified Suburbia with families stuffed in laneway houses and basement suites to a network of purposefully designed “Urban Family Districts”.
By 2020 Metro Vancouver housing stock will be short by 47,000 homes! The housing supply problem is bad, it’s real, and will get worse.
We’ve all heard people in Vancouver who blame lack of supply for housing unaffordability. Many will have heard the opposing argument that the supply problem is a “myth”. However, our analysis at Mortgage Sandbox shows that the supply problem is real and could be worse than any of us imagined.
We need to settle this once and for all, so that government can act quickly to solve the housing crisis.
The housing supply problem is real and could get worse.
We’ve all heard people in Vancouver who blame lack of supply for housing unaffordability. Many will have heard the opposing “Supply Myth” argument. Our analysis at Mortgage Sandbox shows that the supply problem is real and could be worse than any of us imagined.
We need to settle this once and for all, so that government can act quickly to solve our housing crisis.
Modernizing the Real Estate Exchange Process to Balance the Scales
There are many arguments blaming supply or demand for the Canadian housing crisis. We need to look at the role of the exchange process and modernize it to support our current real estate market.
