by IPOANS | Dec 7, 2021 | News
Rent control, touted as a strategy to protect residents from rising house prices stemming from demand far surpassing supply, has backfired, according to Bloomberg opinion columnist Andreas Kluth in “Berlin’s Rent Controls Are Proving to Be a Disaster.” Link to...
by IPOANS | Dec 7, 2021 | News
“I worry about Berlin,” says Rolf Buch, a born and bred Rhinelander. The chief executive of Vonovia, Europe’s biggest residential-property firm, thinks that the city’s policy of capping rents has achieved little good, but caused severe collateral damage. Even if the...
by IPOANS | Dec 7, 2021 | News
When affordable housing activists see “luxury” apartment buildings going up in gentrifying neighborhoods they sometimes assume that the apartment buildings are causing the rents to go up. Back in 2015, for example, activists called for a moratorium on new housing...
by IPOANS | Dec 7, 2021 | News
As of June of 2020, 91 percent of landlords in the province ran small operations, just renting out a few units each. That means only 9 percent are bigger companies that hire employees to run the properties. As of 2020, there were 6,289 landlords in Nova Scotia. Link...
by IPOANS | Dec 7, 2021 | News
Since the early 1970s, purpose-built rental (PBR) housing construction has taken a backseat in Canada to the homeownership market comprising freehold and condominium housing. Link to resource: The secret behind Halifax’s ability to build purpose-built rental housing...
by IPOANS | Dec 7, 2021 | News
The Investment Property Owners of Nova Scotia (IPOANS) researched Switzerland’s rent-control regime. The research concluded that the Swiss rent-control regime actually created similar conditions to what we have been experiencing in Nova Scotia. Link to resource: Swiss...
