Crunching the Numbers: COVID’s Impact on Rental Market Demand with Shaun Hildebrand, President of Urbanation
"I believe that the market will bounce back much faster than a lot
of people expect and it's going to be surprising to many." — Shaun
Hildebrand The way the pandemic has disrupted rental housing makes
a ton of sense given the impact on employment,...
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"I believe that the market will bounce back much faster
than a lot of people expect and it's going to be surprising to
many." — Shaun Hildebrand
The way the pandemic has disrupted rental housing makes a ton of
sense given the impact on employment, immigration, and the
student population.
But the data offers some surprising insights into how the rental
market has changed.
And it offers a glimpse into what we can expect in the months and
years to come.
In this episode of Sync or Swim, we're featuring Shaun
Hildebrand, President of Urbanation, a Toronto-based real estate
consulting firm that provides research, market analysis, and
consulting services to the apartment industry.
What we talked about:
The pandemic-driven turnover in the rental market
How growing supply and shrinking demand led to a drop in
rents in the purpose-built market
The major factors driving excess supply in the market
Whether we should be expecting a bounce back in the rental
housing market in 2021
Get more insights into the rental housing market by
following Urbanation on Twitter.
If you liked this episode, be sure to subscribe or follow Sync or
Swim wherever you get your podcasts, Apple, Google Podcasts,
or Spotify.
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