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Commercial Real Estate Investment & Acquisitions

The authors rightly point out the opportunity and constraints to the federal land strategy. However... dedicated land is only a small part of the equation. The line: "Cheap land reduces construction costs, and by controlling what kind of housing is built in an expensive market, the government hopes to spur projects that create more homes for low- and middle-income Canadians" is misleading and confusing - a problem that is all too common in the housing debate. Never mind the fact that this strategy was promised in the 2015 election campaign, it's not clear what they mean by "cheap" land - sold/leased below market? How does that impact the federal balance sheet? To truly create conditions appropriate to facilitate projects that will impact the current crisis, several things need to happen. To name a few: 1. Rapid, pre-approved permitting schemes 2. Massive influx of skilled labour such that all verticals of construction sector have the means to spur new companies and create competition (thereby keeping prices flat) 3. Project economics suitable for financing that support the risk of large capital projects. 4. Infrastructure investment to support the community and not place burden on future development (further exacerbating the load on the private sector via expanded DCCs). #yvrrealestate #yyzrealestate #VancouverRealEstate #TorontoRealEstate #CommercialRealEstate #OfficeSpace #IndustrialProperty #MultifamilyInvestments #affordablehousing #CRECanada #InvestmentOpportunities #PropertyInvestment #RealEstateInvesting #UrbanDevelopment #CommercialProperty #RealEstateROI #CREVancouver #CREToronto #AssetManagement #RealEstateTrends #RealEstateFinance #CommercialLeasing #theglobeandmail

Could Canada’s underused public land be the key to solving the housing crisis?

Could Canada’s underused public land be the key to solving the housing crisis?

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