Well this is interesting, yet not surprising: According to RBC’s annual “Home Ownership Poll”, three out of every five respondents (so nearly 60%) said that location is more important than buying a larger home. Now, there’s only so much you can glean from a single… Read More
Ottawa, Ontario and Gatineau, Quebec are border cities. They exist on either sides of the Ottawa River. And yet, 2017 data from the Canada Mortgage and Housing Corporation revealed that there’s about a $450 per month rent spread on the average two-bedroom apartment in these… Read More
The Sydney Morning Herald recently reported that an oversupply of apartments has started to put downward pressure on rents and upward pressure on vacancy rates in the city. Here are a few excerpts from the article: Sydney is in the grip of an apartment building… Read More
A friend of mine sent me this article earlier today with a sarcastic comment about the relationship between housing supply and rents. The article talks about how rents in almost every Manhattan neighborhood have fallen compared to a year ago because of a flood of… Read More
This week I saw it reported that in this decade alone, the Seattle area is set to deliver more new rental apartments than it did in the prior 50 years combined. And as a result, the sentiment is that new housing supply is finally starting… Read More
Bjarke Ingels’ West 57th Street project in New York (developed by The Durst Organization) has just started renting apartments (March 1). Since I’m in the rental business, I thought it would be worthwhile to take a look at the rents – though I tend to obsess over… Read More
Recently Priceonomics posted a piece on San Francisco’s “rent explosion.” In it, was the infographic above showing the median rental rate for a 1 bedroom apartment in the city. The most obvious takeaway is that San Francisco is real expensive. In the core of the… Read More
BRANDON DONNELLY 