The province is also seeing a significant uptick in people moving to the province, with more than 50,000 coming to Alberta to live in the first half of 2022 alone.
"We've had almost a 20-year gap of rental product, and so that's why we're seeing such an influx of it." "There are rising interest rates … and rising construction costs and labour costs, and those all play a factor in lower rental starts," he said. "I think moving forward in this next generation, renting will be more accepted as a sort of normal reality [and] Anthem wants to continue building homes for people."Public policy also has a role to play in driving rental development.
Building housing supply to meet demand. What a novel idea.
Ah yes, let’s give parasitic developers carte blanche to upzone then!
3100 immigrants a day would go that
Tory, Ford, Trudeau, all need to pay attention to increased rental apartment building in Calgary. That is the only thing that will substantially--and quickly because the pinch is there--help Toronto renters.
Calgary 2030....
Goodnfor Calgary. Bozo leadership in Ontario wants more sprawl that won't support public services, and is completely unaffordable. Vertical building is needed, not sprawl that eats up GreenBelt, farmland, etc. And no more damn highway 413 or Bradford Bypass. NOT NEEDED!
Build a lot of 8 ft by 10ft boxes with internet,they will own nothing and be happy
'embrace' Seriously CBC? Maybe if JT had money for housing instead of his electric car rebate vote buying program we would be 'embracing' home ownership still.
And yet, in Ontario where rentals are also needed, OntarioPCParty & fordnation insist on building oodles of single family homes on environmentally protected land. Why can’t we prioritize rental construction? onpoli 🤦♀️