Insight Specialty Consulting

From our family to yours, Happy Thanksgiving Photo by spukkato

#NationalDayforTruthandReconciliation #TRC

Exclusionary zoning in favour of single family dwellings is skewing our housing market. It artificially raises prices for the scarce parcels where higher density is permitted, thus increasing the ultimate cost of each unit being created. It also forces developers to displace existing tenants in existing buildings, as those are the only parcels available for development. The rationale for single family zones is outdated, and does not meet the needs and requirements for cities of the future. https://lnkd.in/gGbmNAbb The Vancouver Sun #insightspecialtyconsulting #housing #landuseplanning #density #development

Those working in real estate and land use must face the legacy of racism in our industry, and how racism has formed our systems and institutions. Correcting the damage done will be generational challenge, but it starts with admitting it happened. The next step is to dismantle the barriers that were created for the purpose of segregation within our housing policy, finance, and land use structures. #insightspecialtyconsulting #landuse #housingpolicy #systems #realestate

Tenant protections are necessary where there is an imbalance of power between landlords and tenants. However, overreach of those protections results in a lower number of units for rent, ultimately hurting the tenants themselves. We need more rental supply, and policies like this will do more harm than good. https://lnkd.in/gnjK6wuT CTV News Martin MacMahon #insightspecialtyconsulting #publicpolicy #landlord #realestate #investment

It is no secret that there is a lack of supply in rental housing. Deterring would-be landlords by having them absorb risks of non-payment, damage, and stress does not help. The residential tenancy relationship is mediated through government administrators, but this needs to be fast, efficient, and fair. Anything less puts risk on landlords, chasing them out of the marketplace. https://lnkd.in/eZ6S33wr Financial Post Murtaza Haider Stephen Moranis #insightspecialtyconsulting #housingpolicy #rentalrisk #investmentrisk

Insight Specialty Consulting is looking forward to the upcoming BC Land Summit in Nanaimo. Our Principal Dr. Mandy Hansen is speaking with Andrew Ramlo on some great research commissioned by the Real Estate Institute of British Columbia. Should be a great event. #insightspecialtyconsulting #realestate #conference #learning

The intersection between climate change related risks and property values is just starting to be evaluated. Insurance is the canary in the well, as you would expect. Non-insurable properties will see a price impact, to be sure. The policy question is whether governments will backstop these gaps. https://lnkd.in/gUEHTa2X Real Estate News Exchange (RENX) Tyler Choi #insightspecialtyconsulting #climatechange #propertyvalues #insurance #realestate

Our Principal Dr. Mandy Hansen was recently interviewed on her thoughts on Canada's Renter's Bill of Rights. Ultimately, the root cause is a lack of supply brought on in part because of interventions that disrupt the marketplace and introduce risk to the housing providers. Derek Craddock #insightspecialtyconsulting #housingsupply #economics101 #rentalhousing

The #Covid19 pandemic was a significant event in the lives of Canadians and the intuitions that serve us. Taking the time to deeply #evaluate the structures and outcomes of our response helps us prepare for next time. As climate change ramps up, we will use this learning to become more #resilient to future risk events. https://lnkd.in/g5FWS2zH Institute for Research on Public Policy (IRPP) #insightspecialtyconsulting #emergencymanagement #monitoringandevaluation #learning