Laut einer Studie besitzen kleine Einzelinvestoren etwa 10 % des Wohnungsbestands in Ontario und British Columbia
https://www.theglobeandmail.com/business/article-small-individual-investors-own-about-10-per-cent-of-housing-stock-in/
Laut einer Studie besitzen kleine Einzelinvestoren etwa 10 % des Wohnungsbestands in Ontario und British Columbia
https://www.theglobeandmail.com/business/article-small-individual-investors-own-about-10-per-cent-of-housing-stock-in/
4 Kommentare
I miss when “rent-seeking behaviour” could be used as an insult and people would understand. All these people are doing is preventing younger people who didn’t have the same leg up starting position as them from being able to take full control of their own housing situation.
Commodification of housing, and the normalization of that behavior, have consigned future Canadians to a have not status. Foreign investors, short-term rentals, reverse mortgages on so forth are a blight upon our youth and a pox upon our egalitarian equality.
I find it irredeemably shameful that ours is the first generation of many that will leave its children poorer, sicker and shorter of life than those before it.
This happened on the watch of the boomers, but I can’t help but understand how they, too, were victims of the LIE of trickle-down economics. Even while they might also have been the beneficiaries.
Welcome to late stage capitalism, I guess. Put your keys by the door, never mind the tents in your backyard or the needles in your parks, or the nodders on your sidewalk, or the screamers and ragers on your public transport or the diminishing returns of your labor.
I found these findings quite interesting, seeing as many frequently institutional investors for „buying up“ excess housing supply for the purpose of renting. Of all the provinces, the one exception to this is Nova Scotia, which according to the study:
>In Nova Scotia, institutional investors—the top 0.1% of investors in terms of the assessed value of investment properties owned—owned the largest share of the total assessed value of rental properties in the province (38.0%).
If anyone was wondering, individual investors are also the largest holder of properties classified as „investments properties“ while institutional investors are the smallest holder. Institutional investors seem to be more heavily invested in properties classified as „rental properties“.
>In recent years, concerns have been raised regarding the potential acquisition of houses in Canada by REITs, as has been observed in the United States (Mills et al., 2019; Christophers, 2021). For example, in the Atlanta metropolitan statistical area, the number of single-family houses owned by five major REITs increased from fewer than 3,000 in 2013 to more than 25,000 in 2018, representing 1.7% of all single-family houses. This proportion reached 8.7% in some census tracts (Charles, 2020).
>In Canada, the market shares of institutional investors in 2022 were much lower for houses than for other property types across the six provinces studied. These shares ranged from 0.1% (Prince Edward Island and Manitoba) to 0.4% (Ontario) of houses, or 4 per 1,000 houses.
Statistics Canada’s summary: [Study: Individual and institutional investors in residential real estate, 2022](https://www150.statcan.gc.ca/n1/daily-quotidien/260707/dq260707b-eng.htm)
Full Study:[ Individual and institutional investors in the Canadian housing market ](https://www150.statcan.gc.ca/n1/pub/46-28-0001/2026001/article/00003-eng.htm)
IIRC in Northwestern Ontario approximately 1 out of 5 houses are rentals.
Some stats I’ve seen place it as high as 1 out of 3
It’s completely ridiculous and out of hand.