Following up on our previous post on rents and vacancy rates there is another rental stat originating from City of Vancouver documents that is making the rounds and that is misleading. Again, our housing crisis is fundamentally a rental crisis, so it’s important to keep the numbers straight so that we can better focus our energy and resources. This one is a bit more serious, but still has been making the rounds quite broadly on social media.
This post responds to a misconception about rental housing that has been making the rounds. Our housing crisis is fundamentally a rental crisis, so it’s important to keep the numbers straight so that we can better focus our energy and resources. The misconception originate from the 2019 Vancouver Housing Data Book. The data book is a huge effort to compile and has a host of valuable information. Vancouver has been doing this for the second year now, and it is successively getting better.
Metro Vancouver’s population is growing. For planning purposes we want to understand how our population will be growing. For that we need projections. Here we need to carefully distinguish two related but distinct types of population projections. projections of population demand, and projections of population growth. Projecting demand, or even just estimating current population demand, is complex. Demand is a function of a variety of factors, most importantly jobs, and amenities, as well as home prices and rents (in relation to incomes and wealth).
(Cross-posted at HomeFreeSociology) Condominium apartments are fascinating! At their heart lies a relatively recent legal innovation enabling individual ownership of units in multi-unit developments. Since their arrival, condominium apartments have become places to build homes, sources of rental income, sites of speculative real estate investment, and experiments in private democratic government. They’re also in the middle of many on-going debates about housing and the future of cities in Canada and around the world.
Aaron Licker asked a good question about this very interesting dataset. twitter-verse where is the data that forms this amazing table from @CMHC_ca: cc @vb_jens @LausterNa @rwittstock pic.twitter.com/iRD65KQdz3 — Aaron Licker (@LGeospatial) November 28, 2018 Unfortunately it is not obvious where to get the raw data, but Keith Stewart at the Vancouver CMHC office was kind enough the share the dataset. So read on to follow my quick look at the data, or just download it if you want to tinker yourself.