Latest / The Canadian Real Estate Investor
Are We Headed Towards A Renters Economy ?
We explore whether Canada is moving toward a "renters economy" where more people rent homes rather than own them. It examines historical housing trends, current market conditions, and international comparisons to assess if Canada is following countries like Germany where renting is normalized.
"You'll own nothing and be happy" represents a subscription-based future economy
Canadian homeownership rose from 40% (1940) to 60% (1970s) due to post-WWII government policies
Millennials face the highest barriers to homeownership
Current construction favors rental units (108,000) over condos, boosted…
The skinny
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