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In a 2020 Housing Studies article, Megan Nethercote, a Vice Chancellor's research fellow at RMIT University, investigated the financialization of rental housing in the private real estate market. She expressed her concern regarding the paucity of literature on the provision of social or affordable housing provision, despite the significance of ...
Instead, by the end of 2021, the Canadian Real Estate Association's House Price Index had risen by 26.6%, the fastest annual pace on record. [50] Condominiums accounted for the bulk of new housing in BC (54%) and Ontario (59%), [51] and investors constituted an increasing share of the buyers of these units (41% in Ontario). [52]
Henderson Estates is a residential neighbourhood in south west Edmonton, Alberta, Canada overlooking the North Saskatchewan River valley. The neighbourhood is bounded on the north by Rabbit Hill Road and on the east by Riverbend Road. The southern boundary is an undeveloped strip of land about 29 Avenue.
Local governments usually appropriate state-owned land to real estate developers, who are responsible for the finance and construction of affordable housing. [25] The profit for real estate developers is controlled to be less than 3%, [26] so as to keep the price of housing at the affordable level. Individuals need to apply for the affordable ...
The company owns a mixture of high-rise, mid-rise and low-rise apartment buildings in the provinces of Alberta, Saskatchewan, British Columbia, Ontario and Quebec. Boardwalk owns 260 properties with 36,418 units totalling approximately 31 million net rentable square feet.
The Residential Tenancies Act and Regulations are the laws governing the rental of residential property and leading the relationship between the landlord and their tenants in the province of Alberta. In Alberta, there is no limit to the rent amount landlords are permitted to charge. Rents can only be increased once a year for an existing tenant.
In the City of Edmonton's 2012 municipal census, Westbrook Estates had a population of 1,225 living in 498 dwellings, [5] a -4.9% change from its 2009 population of 1,288. [8] With a land area of 1.16 km 2 (0.45 sq mi), it had a population density of 1,056 people/km 2 in 2012.
Another index is the NAHB/Wells Fargo Housing Opportunity Index (HOI) published by the National Association of Home Builders (NAHB) and Wells Fargo. The index measures the number of houses sold in an area that were deemed affordable based on income and housing costs. [17] Both national data and data by metropolitan area are published.
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