JOURNALISM
Here’s an often-quoted statistic: 20 per cent of businesses don’t survive in the first two years of their opening. Five years go by and that number balloons to 45 per cent. Give it ten years, and that’s 65 per cent. Only a quarter of these businesses make it to their 15th birthday. This is a … Continue reading Tug-of-War: Canada’s Small Business Community & Rolling Restrictions
WHEN YOU THINK OF AN INTERNET SPAT between two opposing viewpoints, you probably wouldn’t expect a crown insurance lending corporation and a few major real estate companies to be at the center of it. Then again, you also probably wouldn’t expect an unprecedented global pandemic of COVID-19’s scale, which was enough to push the Canadian … Continue reading Evan Siddall Versus the World: A Summary of the 2020 CMHC Saga
The court of public opinion is a very delicate place, and a company like AirBnB – with all of the unsubtle characters that brought it success – show just how quickly an organization can find itself on the jury’s bad side. AirBnB was founded in 2008, marketed as a discount accommodation service for cash-strapped travellers … Continue reading Why No One is Buying into the AirBnB Pity Party
Introduction The Toronto housing market stands at the intersection of housing affordability and availability, with asking rents trending higher amid wages that struggle to keep up. While average rental rates for private condominiums (condos) have outpaced increases in wages, so too have rates for purpose-built rentals. Exacerbating the issue further, developers are economically incentivized … Continue reading High and Low: The Soaring Demand and Limited Supply of Toronto’s
Purpose-Built Multifamily Market
It has been a huge year for Toronto’s condo market, with significant growth in Q3 2017 in overall inventory as well as costs. In this commentary, DBRS examines the condo scene in Toronto and concludes that condo ownership will remain unattainable for most Canadians because of the lack of supply, which is driving up costs, … Continue reading Rental and Ownership in Toronto’s Downtown Core
Toronto has undergone a residential condominium development explosion over the past five years, with another strong quarter in Q3 2017. A recent industry study projects the growth to continue in 2018, given Ontario’s population and economic boom. “Bedrooms in the Sky: Is Toronto Building the Right Condo Supply?”, a study by a joint initiative between … Continue reading The Toronto Condo Market Goes Suburban
Stephanie Hughes 