Here is my look at issues including solutions to ensuring housing is both accessible and affordable to all Canadians.

1. HOUSING MARKET –
CANADA AND
UNITED STATES
Paul Young CPA CGA
March 17, 2022

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
• Budget 2022
• 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. BUDGET 2022
https://twitter.com/HonAhmedHussen/status/15143
14685369176073
TFSA exists
Poor urban planning policies
Why the focus zoning now?
Skill trades shortages
No mention on 3D & cost of raw
materials
Where are REITS?
https://www.slideshare.net/paulyoungc
ga/housing-continues-to-face-many-
challenges-across-the-globe

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. CONSTRUCTION COSTS

11. RESALE /
HOUSING
Source -
https://economics.bmo.com/en
/publications/detail/f569084f-
8948-47fe-a168-
20f5b91425aa/

12. HOUSING
RBC - Housing and
Real Estate - February 2022.pdf

13. HOUSING STARTS
– CANADA
Source -
https://www.scotiabank.com/ca
/en/about/economics/economi
cs-publications/post.other-
publications.housing.housing-
news-flash.february-15--
2022.html
BNS - Housing and
affordability.pdf

14. USA - HOUSING
Source -
https://economics.bmo.com/en/publ
ications/detail/7bc45c99-f8d3-41db-
93dc-9654495f522e/

15. USA - HOUSING
Source -
https://economics.bmo.com/en/publ
ications/detail/d27fbf63-31b9-45d8-
8042-0ffb698ee4cb/

16. USA
HOUSING
Source - https://www.nar.realtor/research-and-statistics

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

18. 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

19. 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/

20. 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

21. 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

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

23. 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

24. USA AND
HOMELESSNES
S
Source -
https://www.hud.gov/p
ress/press_releases_me
dia_advisories/HUD_N
o_22_022
HUD Releases 2021
Annual Homeless Assessment Report Part 1 HUD.gov _ U.S. Department of Housing and Urban Development (HUD).pdf

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

26. INNOVATION HOUSING

27. 3D PRINTING

28. 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

29. MODULAR

30. 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
Blog – Real Estate and Affordable Housing – Canada and the World
BNS - Hous ing and
affor dability.pdf
Exis ting Homes -
Real Es tate.pdf
RBC - Hous ing and
Real Es tate - Febr uar y 2022.pdf
Will global
headwinds and cos t of living cris is cool pr oper ty mar ket celex.pdf
Canadian
Hous eholds Rever s ed Pr ogr es s On Debt, Hits A New Recor d High - Better Dwelling.pdf
BNS - Hous ing and
affor dability.pdf
Rur al Planning and
healthy living.pdf
How s mar t is your
city NIST pr ovides a fr amewor k to meas ur e Smar t Cities Dive.pdf
Smar t Cities Wor ld -
White Paper s - Ins ight Repor t Indus tr y 4.0 and the digital tr ans for mation of cities .pdf
17 Bigges t
Companies in Ver tical Far ming Today Eden Gr een Technology.pdf
How higher inter es t
r ates will affect Amer icans ' finances - ABC News .pdf
Unveiled at SXSW
San Antonio ar chitectur e fir m Lake Flato des igned a 3D-pr inted hous e in Aus tin.pdf
Diamond Age Rais es
$50M to Scale Robotic Homebuilding Biz.pdf
The wor ld’s about to
get its fir s t 3D pr inted village - The Spaces .pdf
Is des alination the
ans wer to global water s hor tage Fair Planet.pdf
https://ca.finance.yahoo.com/news/canadian-home-prices-rose-record-130700405.html
CMHC r epor ts annual
pace of hous ing s tar ts in Febr uar y up fr om Januar y - cons tr uctconnect.com.pdf
Canadian Home
Pr ices Ros e A Recor d 3.5% In Febr uar y.pdf
This powder is
cleaning dr inking water all over the wor ld and tr ans for ming lives - Upwor thy.pdf
Summary:
The overall increase came as the pace of urban starts rose 10 per cent to 222,563. -
https://canada.constructconnect.com/dcn/news/economic/2022/03/cmhc-reports-annual-pace-of-
housing-starts-in-february-up-from-january
Average house cost for Canada is now over $812K - https://ca.finance.yahoo.com/news/canadian-
home-prices-rose-record-130700405.html
Source -
1. Cost of Housing - https://www.hbsdealer.com/builder-confidence-slips-again-housing-
affordability-worsens
2. Property value - http://celex.s205.xrea.com/will-global-headwinds-and-cost-of-living-crisis-cool-
property-market/
3. Household debt - https://betterdwelling.com/canadian-households-reversed-progress-on-debt-
hits-a-new-record-high/
4. Rural planning - https://onregionalecdev.com/2020/02/04/planning-principles-for-creating-
healthy-rural-communities/
5. Smart Cities - https://www.smartcitiesdive.com/news/nist-smart-cities-ecosystem-kpis-
framework/620287/