Renters in Canada are facing the toughest market in decades as surging demand and high prices meet some of the lowest national vacancy rates in decades, according to the Canada Mortgage and Housing Corporation (CMHC). The national average vacancy rate for purpose-built rental apartments declined to 1.9 percent last year—the lowest level since 2001, the housing agency…
Renters in Canada Face Toughest Market in Decades Amid Surging Demand, High Prices: CMHC
Conservatives Lead Liberals by 8 Points as Inflation, Housing, and Health Care Become ‘Most Important Issues’: Poll
February 1, 2023
admin
CanadaConservativescost of livingfederal electionhealthcarehousinginflationJustin TrudeauLiberalsPierre PoilievreWorld
0 Comment
The federal Conservatives have gained an eight-point lead over the Liberals as over 70 percent of Canadians do not think the minority government is focused enough on addressing cost of living, housing, or health care, according to the latest poll by Abacus Data. The survey, conducted online with 1,500 Canadian adults from Jan. 27–30 and…
Tories Lead Liberals by 8 Points as Inflation, Housing, and Health Care Become ‘Most Important Issues’: Poll
February 1, 2023
admin
CanadaConservativescost of livingfederal electionhealthcarehousinginflationJustin TrudeauLiberalsPierre PoilievreWorld
0 Comment
The federal Conservatives have gained an eight-point lead over the Liberals as over 70 percent of Canadians do not think the minority government is focused enough on addressing cost of living, housing, or health care, according to a poll by Abacus Data. The survey, conducted online with 1,500 Canadian adults from Jan. 27–30 and in partnership…
Capitol Report: Biden Says Time to End COVID Emergency Amid Calls to End Sooner; Santos Steps Away From Committees
After three years, the White House plans to end the COVID-19 emergency. House Republicans agree and are pushing a bill to do just that, but only sooner. Many have been calling for Rep. George Santos (R-N.Y.) to step down. On Tuesday, Santos said he will step down—but not from his House seat. Activists are calling…
Homeless Fixes Not Working in California
January 27, 2023
admin
CaliforniahomelesshousingNorthern CaliforniaOpinionRegional & State NewsSouthern CaliforniaState NewsUSViewpoints
0 Comment
Commentary Some things new laws just can’t fix. You first must change the old laws. That’s turning out to be the case with the drive to build new housing to deal with homelessness. Senate Bill 9 was passed in 2021 and is called the Housing Opportunity and More Efficiency Act, or HOME Act. Here’s the…
Housing Will Remain Depressed
January 20, 2023
admin
Business & MarketsBusiness ColumnistsFederal Reserve (Fed)housingmortgage ratesOpinionThinking About ChinaViewpoints
0 Comment
Commentary With the Federal Reserve (Fed) committed to raising interest rates still further, the future of the housing market remains problematic. The higher mortgage rates rise, the less affordable housing will become for the average American. Buying and building will accordingly fall even farther than they already have. In time, however, a counter-trend will likely…
Capitol Report: Will McCarthy Be the Next Speaker of the House?; Biden to Appear With Mitch McConnell in Kentucky
Congress is gearing up for what’s expected to be a historical vote for House speaker. Rep. Kevin McCarthy (R-Calif.) proposes key rule changes. What are those and why are some Republicans still not convinced? President Joe Biden is returning to a changed Washington. What’s at the top of his New Year’s to-do list as Republicans take…
Canada Economic Outlook for 2023: How Bad Could a Likely Recession Be?
News Analysis A trio of economy-related questions being asked as the calendar turns to 2023 are, how bad will the potential recession be, by how much will inflation come down, and will the Bank of Canada have to start cutting interest rates? A recession for an open, medium-sized economy like Canada’s seems unavoidable given that…
What to Do If Your House Won’t Sell
Commentary Due to the Federal Reserve increasing interest rates at a record pace, the housing market has come to a standstill. While we aren’t seeing dramatic discounts yet, significant price decreases are on the horizon as sellers will be forced to lower their prices to sell their homes. This is great news if you’re a…
$97.2 Billion to Build Homes for the Homeless?
December 26, 2022
admin
homelesshousingLocal NewsNorthern CaliforniaOpinionRegional-Local NewsSouthern CaliforniaUSViewpoints
0 Comment
Commentary California and its cities are being hit with a spate of proposals to deal with the homelessness problem. New Mayor Karen Bass of Los Angeles even declared a state of emergency on the crisis. At the state level, the California Homeless Housing Needs Assessment, in the summary of a new report, calculated the problem…
-
Recent Posts
-
Archives
- May 2025
- April 2025
- July 2023
- June 2023
- May 2023
- April 2023
- March 2023
- February 2023
- January 2023
- December 2022
- November 2022
- October 2022
- September 2022
- August 2022
- July 2022
- June 2022
- May 2022
- April 2022
- March 2022
- February 2022
- January 2022
- December 2021
- November 2021
- October 2021
- September 2021
- August 2021
- July 2021
- June 2021
- May 2021
- April 2021
- March 2021
- February 2021
- January 2021
- December 2020
- September 2013
- July 2013
- March 2013
- January 2013
- December 2012
- November 2012
- December 1
-
Meta