Canada is acting quickly to reposition our trade economy to become more resilient, diverse and self-reliant. We need a similar re-calibration of Canada’s housing system to address our deepening affordability problem. Housing is foundational for a strong Canada, and we must focus on housing that is more affordable, cost-effective to construct, energy efficient and climateContinue reading "Non-profit housing is an economic no-brainer"
You are misreading the very poorly captioned table. The percentages are showing a comparison of the rent of co-ops and market rent against the average in the same category of the five cities in the study. So co-ops are being compared against the co-op average. It’s just to show that rent prices of co-ops and market rentals are similarly affected by the markets in the respective cities.
Coop prices stay fixed over time, that’s the big benefit. They don’t increase rental rates, because they don’t need or want to generate profit.
That’s how they become cheaper over time, but you’re right, they’re often not cheaper the day the open up.
I agree with you on those points but I’m trying to find why in Table 1.3.2 why co-op prices are higher than market rents for Ottawa and Toronto.
You are misreading the very poorly captioned table. The percentages are showing a comparison of the rent of co-ops and market rent against the average in the same category of the five cities in the study. So co-ops are being compared against the co-op average. It’s just to show that rent prices of co-ops and market rentals are similarly affected by the markets in the respective cities.