The State of Purpose-Built Rentals in the GTA

What role does purpose-built rental housing play in our housing
solution? Today’s guest passionately believes that it’s going to
play a big part and that we need to recognize, prioritize, and
support that both as a society and as policy-makers. Tony Irwin
is the President and CEO of The Federation of Rental-housing
Providers of Ontario (FRPO). Tuning in, you’ll hear his thoughts
on the necessity of taking immediate action to promote
purpose-built construction, the impact of population growth and
immigration, and how affordability issues are impacting the
rental landscape today. We touch on obstacles to building
purpose-built rentals, renters’ stigma, and the positive
evolution of the rental housing industry. Hear Tony’s take on the
true root of the affordability challenge, barriers faced by
smaller rental operators, and what he recommends for the next
housing bill. Tune in today to hear all this and more!


 


Key Points From This Episode:


Introducing Tony Irwin, President and CEO of FRPO.

How the Purpose-Built Rental Report came together.

An overview of the current state of Purpose-Built Rentals in
the GTA.

Why it is necessary to take immediate action to incentivize
more purpose-built construction.

The impact of population growth and immigration.

How affordability issues are impacting the rental
landscape. 

Challenges to building purpose-built rentals.

The stigma attached to renters versus owners.

Obstacles posed by parking laws.

How FRPO is approaching pending policy changes.

Why the evolution of the rental housing industry is a
positive thing.

What the affordability challenge in the rental housing market
can truly be attributed to.

Challenges faced by smaller rental operators.

Tony’s recommendation to boost density for the next housing
bill.

The importance of getting more people to do skills training.



 


Links Mentioned in Today’s Episode:


Tony Irwin on LinkedIn

Tony Irwin on Twitter

FRPO

BILD

Urbanation 

Finnegan Marshall

Purpose-Built Rental Report

Bill 23, More Homes Built Faster Act, 2022

Rentsync

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