Op-Ed: The Merits of Micro-Units
A new micro-unit prototype designed by Superkül featuring a retractable ceiling bed. Photography by Ryan Fung.
Every day brings more news about Canada?s ? and the world?s ? housing crisis. Large numbers of people of different demographics are moving out of the cities they know and love in search of more affordable rents and mortgages. Most of us are already familiar with the manifold conditions that have led to this predicament. It?s a perfect multi-pronged storm that was brewing well before the pandemic created cost volatility and dramatic price increases in a short period of time, straining the seams of our already frayed social fabric. Some of the key drivers bear repeating, however, if only to underscore the complexity of the situation we are facing as a nation. Canadian cities are facing record-low vacancy rates and record-high average rent growth, according to CMHC?s latest Rental Market Report. In the last 15 years, the combined surge in non-Canadian real estate investors and short-term rentals have given rise to a market in which rental prices have skyrocketed and a sizable (but difficult to confirm) number of condo units ? the main source of rental stock in cities like Toronto and Vancouver ? often sit empty. (To wit, the federal government implemented a two-year ban on the purchase of residential property by non-Canadians that took effect on January 1, 2023; it was subsequently extended until 2027. Toronto started to enforce new rules in 2021 intended to regulate...
_MFUENTENOTICIAS
canadian architect
_MURLDELAFUENTE
https://www.canadianarchitect.com/
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