Landlords Need to Spend Money to Make Money From 1975 to 1998, rent control in Ontario stifled the maintenance of apartments. When landlords weren’t allowed to raise rents higher than the statutory limit, they had little incentive to upgrade their properties....
For those of us in the business, it is a very good time to be a part of the purpose-built rental apartment industry. Years of restrained supply and burgeoning demand for rental housing have created a perfect storm, making apartment buildings an excellent investment...
Micro apartments are increasingly becoming a part of the purpose-built rental apartment market, particularly in cities like Vancouver or Toronto where the marketplace has made rents significantly high. Micro apartments aren’t new. They have been a part of the New York...
1. Supply is extremely limited. Throughout Canada, vacancy rates are low and average rents are rising. A lot of this is because the supply of apartments has been constrained. Between 1975 and 2000, very little construction of new apartments took place, because rent...
