Social Policy Trends: Where have Low-Cost Rental Units Gone?

20.500.12592/6v99c0

Social Policy Trends: Where have Low-Cost Rental Units Gone?

7 Feb 2023

Source: Data on the number of market rental units priced in the first quintile of the rent distribution Between 1990 and 2018, the number of rental units priced at the low end of the rent provided by special request from Canada Housing and Mortgage Corporation (CMHC). [...] But these figures understate the size of the problem because over more in Calgary than in Edmonton nor does it explain why the number of this period population grew in both cities; by over 590,00 people in Calgary and by relatively low-cost rentals has historically been so much lower in Calgary. [...] The CMHC has recently studied the impact on rents of local land use The cost of building and maintaining rental units is sensitive to the costs regulations in Toronto, Montreal and Vancouver. [...] If median income increases, the number of people with high incomes rises relative to the number with low incomes and If a large difference in the costs of local land use regulations exists so we should expect the supply of low-priced rental accommodations to fall. [...] The potential effect of land use regulations on some credence to this explanation as a reason for the fall in the number of relatively rents is why researchers in Canada and the US have suggested attention low-cost rentals.

Authors

Ron Kneebone

Pages
1
Published in
Canada