Housing affordability3 declined from a year ago in all four regions. The South had the biggest decline of 13.7%. The Midwest region experienced a weakening in price growth compared to a year ago of 6.6%, followed by the West with a dip of 6.1%. The Northeast had the smallest decrease of 5.8%. Source - https://www.nar.realtor/blogs/economists-outlook/housing-affordability-conditions-decline-in-october 1. Rent to own - https://globalnews.ca/news/8416032/canada-startup-key-red-flags-homeownership/n or https://lifeatkey.com/ 2. Home prices - https://betterdwelling.com/canadian-real-estate-prices-dont-always-rise-everywhere-forever-bmo/ 3. Australia - https://betterdwelling.com/canadian-real-estate-prices-dont-always-rise-everywhere-forever-bmo/ 4. Housing strategy - https://betterdwelling.com/canadian-real-estate-prices-dont-always-rise-everywhere-forever-bmo/ 5. Floating farms - https://www.agritecture.com/blog/2021/8/24/building-the-worlds-first-floating-farm-in-the-netherlands 6. Housing costs - https://www.marketwatch.com/story/coming-up-november-housing-starts-11639661030 7. 3D - https://www.newsbtc.com/press-releases/world-housing-and-realex-dao-announce-financing-plans-for-canadas-first-3d-printed-affordable-housing-project/ 8. Household debt - https://www.barrons.com/amp/news/biggest-one-year-global-debt-increase-since-world-war-ii-in-2020-imf-01639585508 9. Flood mitigation - https://storymaps.arcgis.com/stories/04afd655aa9049309ff404d01ba33e8c 10. Housing and climate change - https://www.insidehousing.co.uk/news/news/government-makes-changes-to-building-regulations-in-drive-to-see-new-build-housing-emissions-cut-by-30-73703

1. HOUSING MARKET –
CANADA AND
UNITED STATES
Paul Young CPA CGA
December 16, 2021

2. PAUL YOUNG - BIO
• CPA, CGA
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga

3. AGENDA
• Debt
• Cost of Housing
• Average House Price Canada and Key Cities
• Commodity Price of Lumber
• Modular Housing / Solutions
• Urban Planning
• Technology / Housing
• Homelessness
• Rent to Own
• Innovation
• What’s next

4. DEBT

5. COST OF HOUSING

6. DOWN PAYMENT AND HOUSING
housing-affordability.
pdf

7. HOUSING/INVESTORS
Real Estate (Housing)
Debt.pdf

8. HOUSING
Real Estate (Housing)
Debt.pdf

9. AVERAGE HOUSING PRICE INCLUDING KEY
CITIES

10. RESALE /
HOUSING
Source -
https://economics.bmo.com/en
/publications/detail/aca1c749-
f2e8-4986-b42e-
1c9a2a87a4d3/
BMO - Existing Home
and Housing Starts.pdf

11. HOUSING STARTS – CANADA
Source -
https://economics.bmo.com/en
/publications/detail/aca1c749-
f2e8-4986-b42e-
1c9a2a87a4d3/
BMO - Existing Home
and Housing Starts.pdf

12. USA - HOUSING
Source -
https://economics.bmo.com/en/publ
ications/detail/77ae9b20-bdaf-49f4-
93f9-3be282e82513/
USA Housing starts
and Permits.pdf

13. USA - HOUSING
Source -
https://economics.bmo.com/en/publ
ications/detail/77bc64f4-a8e4-46df-
9761-c91ac63f67b2/

14. HOUSING
MARKET
BNS - Housing Costs
by Urban Area.pdf

15. PRICE OF LUMBER
Price of Lumber has been on the decline. The
Price of Lumber is still up from 2020 -
https://www.nasdaq.com/market-
activity/commodities/lbs

16. MODULAR HOUSING SOLUTIONS
• $85B (USD) global market with CAGR predicted to be about 6% -
https://www.marketsandmarkets.com/Market-Reports/modular-construction-market-
11812894.html
• Mass production modular housing could help make housing more affordable -
https://www.cnbc.com/2020/07/28/how-buildings-made-in-factories-could-have-a-big-role-
in-the-future.html
• Adjusting to smaller homes is no big deal - https://www.straight.com/news/living-in-smaller-
spaces-isnt-hell-that-some-people-make-it-out-to-be
• Municipal by-laws
• https://www.forbes.com/sites/pikeresearch/2019/11/20/3d-printed-homes-quietly-gain-
traction/?sh=101c0e5c63bd

17. URBAN PLANNING
• The problem from the get-go has been with proper urban planning including rural vs urban strategy! It is time for all levels
government to look at innovator solutions when it comes to building affordable housing
https://www.slideshare.net/paulyoungcga/urban-and-rural-planning-whats-next
• Vacate property due to COVID19 - https://www.phillyvoice.com/greg-englesbe-real-estate-strategic-conversion-vacant-
commercial-space-affordable-housing-0599945/
• Building codes need to revamp to deal with 3-D housing - https://www.forbes.com/sites/pikeresearch/2019/11/20/3d-printed-
homes-quietly-gain-traction/#74899cc763bd
• Green Belt Protection/Development - https://www2.slideshare.net/paulyoungcga/greenbelt-ontario
• https://www.thestar.com/news/gta/2020/10/06/york-region-asks-province-for-process-to-open-up-protected-greenbelt-again.html
• All levels government need to look at proper land management - https://www.slideshare.net/paulyoungcga/why-do-politicians-
play-games-with-the-environment
• Smart Cities - https://www.mccourier.com/global-smart-city-ict-infrastructure-market-2020-industry-outlook-cisco-verizon-
communications-huawei-ibm-ntt-communications/

18. TECHNOLOGY AND HOUSING
• AI and at risk for homelessness - https://www.cbc.ca/news/canada/london/artificial-intelligence-london-
1.5684788
• AI and cost control - https://www.enr.com/events/880-ai-how-it-s-transforming-project-management-for-the-
better
• Smart construction - https://www.weforum.org/agenda/2020/08/here-s-how-smart-construction-could-
transform-home-building-after-covid-19/
• AI and housing - https://www.urban.org/urban-wire/four-ways-technology-addressing-housing-affordability-
crisis

19. SOCIAL HOUSING
• Govt buying commercial properties - https://globalnews.ca/news/7348331/federal-liberals-
rapid-housing-funding-motels-hotels/ or https://www.cmhc-schl.gc.ca/en/media-
newsroom/news-releases/2020/canada-rapidly-create-affordable-housing-support-homeless
• Modular housing units - https://torontostoreys.com/federal-government-1-billion-modular-
housing/
• 20 years ago is when Canada had a social housing plan - https://cwp-csp.ca/2014/01/20-years-
ago-canada-had-a-housing-plan/
• Wait list for Toronto is over 79K - https://dailyhive.com/toronto/toronto-affordable-housing-faq

20. WORLD’S BUBBLIEST HOUSING MARKETS
Source - https://dailyhive.com/toronto/toronto-affordable-housing-faq

21. HOMELESSNESS
Blog – What Works for the Homeless Problem
• A 2005 study by Pomeroy looked at costs in four Canadian cities, institutional responses (jails, hospitals, etc.) cost $66,000-$120,000 annually,
emergency shelters cost $13,000-$42,000 annually whereas supportive and transitional housing cost $13,000-$18,000 and affordable housing
without supports was a mere $5,000-$8,000.
• A two-year pilot project called The Canadian Model for Housing and Support for Veterans Experiencing Homelessness in 2012, was designed to
address the needs of the Canadian veterans experiencing homelessness. The program included a Housing First approach and staff/volunteer resources
for each participant. The program revealed promising results of an estimated $536, 000 per year (in terms of cost savings) due to reductions in 911
calls and emergency-shelter drop-ins.
• Medicine Hat achieved functional zero by:
* Rallying around a defined goal to end homelessness. In 2009, Medicine Hat was one of the first Canadian cities to commit to ending homelessness,
a goal that was updated in 2014. They continue to set measurable goals to end homelessness.
• * Strong partnerships. Service providers, shelters and other stakeholders representing a broad cross section of interest and expertise locally (e.g.,
private sector, criminal justice, health care) work together on the Community Council on Homelessness. The community is also supported by all
levels of government and the public-at-large where they’ve fostered a strong belief (and proven!) that ending homelessness is possible.
•
• https://www.nextbigfuture.com/2021/07/what-works-for-the-homeless-
problem.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+blogspot%2Fadvancednano+%28nextbigfuture%29

22. RENT AFFORDABILITY
Source - https://www.mtlblog.com/montreal/how-canadas-housing-affordability-compares-to-other-countries or
https://rentals.ca/national-rent-report

23. INNOVATION HOUSING

24. 3D PRINTING

25. RENT TO OWN
Source - https://storeys.com/liberal-party-rent-to-own-plan/
Liberals’ $1B
‘Rent-to-Own’ Plan May Sound Nice to Voters, But Most Won’t Benefit From It.pdf

26. MODULAR

27. WHAT’S NEXT
• More needs to be done to make housing affordable including reviewing the housing models
• More focus on moving people away from big cities to rural areas -
https://www.slideshare.net/paulyoungcga/urban-and-rural-planning-whats-next-236315321
• Focusing on growing economy including high paying jobs -
https://www.slideshare.net/paulyoungcga/gdp-canada-real-truth-august-2020 and
https://www.slideshare.net/paulyoungcga/global-economy-current-state-and-whats-next
• All levels of government working together to make housing more affordable -
https://www.slideshare.net/paulyoungcga/housing-market-affordability-and-costing-canada-september-
2019
• Municipal building codes adjusting to methods of house building including 3D printing and modular
construction