Sentences with phrase «affordability concerns in»

Thomas Davidoff, an associate professor at the University of British Columbia's Sauder School of Business, says affordability concerns in markets like Vancouver and Toronto have in some cases resulted in ethnic divisions.
«A drop in housing supply in December raises some affordability concerns in the months ahead as minimal selection and the potential for faster price appreciation could offset the demand from buyers encouraged by a stronger economy and sub-4 percent interest rates,» says Yun.

Not exact matches

But the public response has been more lukewarm, particularly in cities where rising housing costs have already led to concerns about affordability and gentrification.
«Nevertheless, simple indicators continue to suggest some overvaluation in the housing market; house prices are high relative to income and housing affordability could become a concern when interest rates begin to normalize,» it adds.
Housing affordability changed very little in Ontario in the second quarter and homebuyers did not appear to be overly concerned by the fact that affordability remained somewhat stretched for single - family homes.
The longer term might be a better option for borrowers who are most concerned with the affordability of their monthly payments in the short term.
«Here in Kamloops, people are telling me their biggest concern right now is affordability.
On the other hand, millennials in cities away from the coasts are are less concerned about affordability.
While concerns about MIH can be easily translated in these meetings, the Council's issues with Zoning for Quality and Affordability (ZQA) are far more varied and reflect the opinions raised by community boards and borough presidents last year, when these plans were largely rejected in non-binding votes throughout the city.
And, it seems, the community's concerns about being priced out of neighborhoods targeted by the de Blasio administration as oases of affordability are not idle: The Wall Street Journal reports that land prices in East New York, named by de Blasio as the first neighborhood that would be studied for denser development, have nearly tripled during the first nine months of 2012, rising from $ 32 per square foot last year to $ 93 per square foot this year.
As the state finalizes the medical marijuana program's draft regulations, advocates are making a final effort to call attention to their concerns over accessibility and affordability before the regulations are approved in the coming weeks and businesses begin submitting applications.
But Brooklyn Councilman Jumaane Williams and Bronx Councilman Ritchie Torres raised concerns that the affordability requirements in MIH did not go far enough to end New York City's status as one of the most segregated cities in America.
He said the city hoped to address the concerns about over-development in the Two Bridges area by «maximizing the affordability» of the new buildings.
Spokesman Ethan Geto said Avery Hall Investments was aware of local concerns about the supermarket and housing affordability, and «has been working in good faith to amend its plans so as to accommodate these and other community concerns to the extent possible while maintaining the viability of the project.»
Despite growing concern over teachers» ability to live comfortably where they work, we know little about the systematic impacts of affordability on teachers» well - being, particularly in highcost urban areas.
We have asked the STRB to ensure that, should it decide to limit its recommendations on the basis of any concerns over affordability, it sets out what should, in its view, be the appropriate levels of pay for teachers and school leaders in the absence of such concerns, in order to inform the political discussions which will then ensue.
While there's no question affordability is a serious concern in West Vancouver, it's no more or less an issue than what one might encounter in the surrounding area.
Reader question: «I am in the market to buy a house and am very concerned about affordability.
In a response to the government's announcement yesterday, the president of the Real Estate Board of Greater Vancouver Dan Morrison reiterated that housing affordability was a concern for all involved in the B.C. housing markeIn a response to the government's announcement yesterday, the president of the Real Estate Board of Greater Vancouver Dan Morrison reiterated that housing affordability was a concern for all involved in the B.C. housing markein the B.C. housing market.
TORONTO — Federal and Ontario finance ministers say that while they are concerned about diminishing housing affordability in Toronto, they will not introduce measures for homebuyers that could impact house prices in the city by boosting demand.
Despite recent concerns about Canadians» high personal debt and rising interest rates, Sal Guatieri, a senior economist at BMO Capital Markets, told Bloomberg that «mortgage rates are still near historical lows and this, combined with an expected cooling in house prices, will help support affordability for Canadians.»
A spokesman for federal Finance Minister Bill Morneau says Ottawa is concerned about diminishing affordability in the housing market, calling the matter a complex issue with lots to talk about.
The longer term might be a better option for borrowers who are most concerned with the affordability of their monthly payments in the short term.
A decrease in affordability will cause some concern about home values.
The facts speak for themselves in terms of affordability but what truly concerns us the most is what seems to be a very high incidence of mortgage fraud, tax evasion, and perhaps money laundering in the Canadian housing market.
It's almost as if the BC government, and the new federal Liberal authority in Ottawa, realize that housing affordability is no longer merely a concern, but a genuine provincial crisis.
TORONTO — Affordability is among the top Internet service concerns for Canadians, especially those living in rural areas, a new report has found.
But while deteriorating affordability itself is concerning, especially as we look ahead toward even higher rates, the core trend driving it is arguably even more troubling — and it's happening now: Growth in mortgage payments is currently outpacing growth in household incomes.
Now, policy makers are looking to tap the brakes on the housing booms in massive markets such as Vancouver and Toronto, in response to deep concerns about dangerously high mortgage debt loads and fast - evaporating affordability.
Toronto's housing market shot into the stratosphere over the ensuing months, prompting the Ontario government to put in place a nearly identical measure (city council in Victoria, concerned about an affordability crisis, debated but ultimately rejected a foreign buyer tax recently).
One of the best things about living in Belize is the affordability, but some potential residents are concerned that the only foods available will be things they're simply not used to.
PIAC seeks to represent and advocate on behalf of ordinary consumers, in particular vulnerable consumers, concerning the rates, policies, rules and regulations associated with the delivery of these services with a view to ensuring principles of access and affordability and fair treatment for the constituencies it tries to serve.
But in doing so, he diverged into the issue of proportionality in family litigation, which he said has grown in importance as concerns over the affordability of legal services mount.
When affordability is one of the client's main concerns, MetLife is our recommendation only in specific situations.
Availability, affordability and sustainability are all areas of concern for insurance carriers in Canada.
«Moreover, we remain concerned about other regulations being put in place — including expanded association health plans and short - term limited duration plans — will also push up premiums and create affordability problems for millions of Americans purchasing coverage in the individual health insurance market,» Donaldson said.
If affordability is your top concern in shopping for an auto policy, try the following tactics while also remembering that the offers that appear the cheapest up front might not be the most affordable over time.
However, keep in mind this is just one sample to show how the cost to insure the same RV can differ between carriers - that's why you should shop for multiple quotes if affordability is a concern.
With growing concern as to the affordability of healthcare, particularly in the context of the National Health Service (NHS) budget, it is important to consider the value for money afforded by any intervention in terms of both its costs and effectiveness.
Yet, in spite of decreased prices of homes, housing affordability remains a major concern.
With interest rates on the way up in North America, there is concern about the impact on household finances and housing affordability, says RBC.
The panel participants agreed that in addition to affordability concerns, inventory shortages and lifestyle factors such as marrying later in life and having to repay student loan debt are burdening a segment of creditworthy buyers by making it more difficult to save for a down payment.
«Affordability has certainly been a major concern, particularly in markets in British Columbia and Alberta, where average price has experienced strong upward momentum throughout 2005 due to tight inventory levels,» says Elton Ash, regional executive vice-president, Re / Max of Western Canada.
High levels of student debt and stagnant career opportunities have long kept millennials sidelined from the real estate market and, even with recent improvements in the labor market, affordability continues to be a major concern.
In additional to affordability issues, 66 % say a potential job move or job change makes them concerned about the risks of buying a home; and 86 % anticipate they will need to move within the next 7 years, giving them more reasons to be persuaded from homeownership.
«In the past several months there has been plenty of conversation in the media, in the pubs, and at all levels of government surrounding housing affordability, and it's a concern I share,» says, CraiIn the past several months there has been plenty of conversation in the media, in the pubs, and at all levels of government surrounding housing affordability, and it's a concern I share,» says, Craiin the media, in the pubs, and at all levels of government surrounding housing affordability, and it's a concern I share,» says, Craiin the pubs, and at all levels of government surrounding housing affordability, and it's a concern I share,» says, Craig.
And often, affordability concerns are based on income numbers in publicly available datasets.
Nevertheless, the market will continue to favour seller (with prices trending upwards) for the foreseeable future with only affordability concerns (one of the biggest drivers for many buyers in Pemberton) the only thing likely to temper the current climate.If you have been thinking of buying or selling in Pemberton, contact me today for the most up - to - date information and to discuss how the current state of the market might impact your decisions.
Some market pundits are concerned about the crisis of affordability in downtown Seattle housing noting only 57 resale units listed for sale in a city of more than 70,000 urban residents.
ValueInsured can not draw a direct casual effect on Millennials» declining attitude toward owning, however, it coincides with steady rises in national home prices and Millennials» rising concerns for home prices and affordability in its quarterly survey:
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