Conversations that Matter: Real estate woes continue unabated
Home ownership and home rental is getting further out of reach. At last estimate, the vacancy rate on rental properties was between 0.3 and 0.9 per cent, making it next to impossible to get affordable rental housing.
New homes are equally difficult to purchase, especially mid-range ones. That’s homes with three bedrooms — forget a new three-bedroom and den. This is forcing a paradigm shift in thinking about what is a mid-range home.
Density is another issue. We’v
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