CANSIM

Investing in definitions and framing

Taking a closer look at the CHSP data release and clearing up some misunderstandings.

Jens von Bergmann Nathan Lauster

18 minute read

(Joint with Nathan Lauster and cross-posted at HomeFreeSociology) With last week’s CHSP release of data on the investment status of residential properties and the framing of the accompanying article there has been a lot of rather uninformed and misleading news coverage. The misleading reporting, combined with sometimes plainly wrong statements by people quoted in the news coverage, on one hand highlights the poor understanding of housing in the public discourse. On the other hand it highlights the importance of providing careful framing with data releases.

Still Short: Suppressed Households in 2021

Checking in on household suppression in Canada using 2021 data.

Jens von Bergmann Nathan Lauster

13 minute read

(Joint with Nathan Lauster and cross-posted at HomeFreeSociology) In May we estimated suppressed household formation across Canada using what we called the Montréal Method, finding strong evidence for suppression across many parts of Canada. As a reminder, we designed the Montréal Method to estimate housing shortfalls related to constraints upon current residents who might wish to form independent households but are forced to share by local housing markets. Now that we’ve got 2021 Census data out, it’s time to update our estimates.

Where did all the cheap rents go?

An investigation into the 320k "lost" units renting below $750.

Jens von Bergmann Nathan Lauster

22 minute read

(Joint with Nathan Lauster and cross-posted at HomeFreeSociology) It can be really useful to count things, but sometimes numbers end up causing confusion and misunderstanding rather than helping. Often this has to do with how the number is presented and attached to claims. Other times it has to do with problematic procedures used to obtain the number. Here we want to explore these problems more in detail concerning a claim that “Canada lost 322,000 affordable homes” between 2011 and 2016.

Rent growth in GDP

People in BC spend a lot of money on rent (and imputed rent), and that's a problem. The way to decrease this "Real Estate Industry" share of GDP is to build more housing.

Jens von Bergmann Nathan Lauster

5 minute read

(Joint with Nathan Lauster and cross-posted at HomeFreeSociology) Every now and then the topic of the GDP share of the “Real Estate Industry” comes up, often linked to the suggestion that an economy has become too dependent upon real estate. But this usually involves a fundamental misreading of the data. As people who pay attention know, the NAICS sector [53] “Real Estate Industry” of the expenditure based GDP produced by StatCan is mostly just rent and imputed rent.

Tumbling turnover

Digging deeper into Canadian residential mobility, tracking changes in mobility over time, and comparing data sources.

Jens von Bergmann Nathan Lauster

15 minute read

(Joint with Nathan Lauster and cross-posted at HomeFreeSociology) We’re increasingly gathering lots of different measures of residential mobility in Canada. Which is great! Especially insofar as we want up-to-date information about demographic response through the pandemic. Here we want to add the CMHC Rental Market Survey (RMS) to the mix, comparing to Census and CHS (Housing Survey) results. Adding it in reveals a general decline in tenant mobility only recently (and partially) reversed.