The Rental Housing Index: Building the evidence we need to meet the housing needs of tomorrow
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1 The Rental Housing Index: Building the evidence we need to meet the housing needs of tomorrow Canadian Housing and Renewal Associa=on Annual Congress April 29 th,
2 Overview Why a Rental Housing Index? The Details. The Response. The Future. 2
3 Available data focuses on ownership 3
4 The Launch of the RHI 4
5 The Housing Affordability Crisis for Renters 50,0% 45,0% 40,0% 35,0% Percent of renters spending more than 30% of their income on housing, by CMA, 2001 and 2011 compared 30,0% 25,0% 20,0% 15,0% 10,0% 5,0% 0,0% Winnipeg OOawa Calgary Montreal Toronto Vancouver Source: Sta=s=cs Canada, 2001 census and 2011 NHS 5
6 The Housing Affordability Crisis for Renters 30,0% Percent of Renters spending over half their income on housing, by CMA, 2001 and 2011 compared 25,0% 20,0% 15,0% ,0% 5,0% 0,0% Winnipeg OOawa Calgary Montreal Toronto Vancouver Source: Sta=s=cs Canada, 2001 census and 2011 NHS 6
7 Federal subsidies are expiring 7
8 Units leaving agreements 200,000 social housing units are at risk in Canada Source: Pomeroy,
9 RHI focuses on rental 9
10 Advisory CommiOee 10
11 11
12 The Data Custom dataset from 2011 Na=onal Household Survey 486 million data cells 12
13 The Index Five indicators factored in Each weighed on scale of 0-10 Community Index Score is out of 50 Sum of five indicators 13
14 RHI Indicators - Affordability 14
15 RHI Indicators Supply 15
16 Average Rents Highest Lowest 16
17 Median Incomes Highest Lowest 17
18 Rentalhousingindex.ca 18
19 The Response 19
20 20
21 RHI driving the conversaton about rental housing 21
22 MEDIA COVERAGE Rental Housing Index 40.6 Million Impressions Total Coverage: 194 Pieces (TV, print, radio, web) Vancouver Sun (Print) - Nov 21, Reach: 383,737 Nanaimo Daily News (Online & Print) - Nov 20, Reach: 35,000 Chinese Canadian Voice (Online) - Nov 19, Reach: 35,000 Georgia Straight (Online) - Nov 19, Reach: 146,000 Campbell River Mirror (Print) - Nov 19, Reach: 23,791 The Williams Lake Tribune (Print) - Nov 19, Reach: 17,591 CBC Kamloops (Online) - Nov 18, Reach: 525,000 The Williams Lake Tribune (Online) - Nov 18, Reach: 4,500 CKNW - The Simi Sara Show (Radio) - Nov 18, 2014; 2:10 PM - Reach: 319,410 Campbell River Mirror (Online) - Nov 18, Reach: 15,000 CBC Kamloops - Daybreak (Radio) - Nov 18, 2014; 9:00 AM PST - Reach: 24,500 The Province (Print) - Nov 18, Reach: 363,835 CBC Radio One Prince George (Radio) - Nov 18, 2014; 7:50 AM - Reach: 7,500 CBC Radio One Victoria (Radio) - Nov 18, 2014; 7:10 AM - Reach: 15,900 CTV Vancouver - Morning Live (Broadcast) - Nov 18, 2014; 7:00 AM - Reach: 357,000 Ottawa Citizen (Online) - Nov 17, Reach: 698,000 CBC Daybreak North - Nov 17, Reach: 15,000 CTV Vancouver - News at 11:30 (Broadcast) - Nov 17, Reach: 450,000 Global Okanagan (Broadcast) - Nov 17, 2014; 11:30 PM - Reach: 75,000 Global BC - News Hour Final (Broadcast) - Nov 17, 2014; - Reach: 390,000 CTV Vancouver - News at 6 (Broadcast) - Nov 17, 2014; 6:10 PM - Reach: 513,000 Global BC - News Hour (Broadcast) - Nov 17, 2014; 6:00 PM - Reach: 572,000 CBC Radio One - On the Coast (Radio) - Nov 17, 2014; 5:20 PM - Reach: 51,000 Global News (Online) - Nov 17, Reach: 250,000 Global BC - Early News (Broadcast) - Nov 17, 2014; 5:20 PM - Reach: 333,000 CBC Radio One - On the Coast (Radio) - Nov 17, 2014; 5:10 PM - Reach: 51,000 Global BC 1 (Online) - Nov 17, Reach: 139,000 News 1130 (Radio) - Nov 17, 2014; 5:00 PM - Reach: 178,845 CTV Vancouver - News at 5 (Broadcast) - Nov 17, 2014; 5:00 PM - Reach: 446,000 Metro Vancouver (Online) - Nov 17, Reach: 91,000 CBC Radio One Prince George (Radio) - Nov 17, 2014; 4:50 PM - Reach: 7,500 CBC Radio One Kelowna (Radio) - Nov 17, 2014; 4:50 PM - Reach: 18,900 CTV News Vancouver (Online) - Nov 17, Reach: 254, Hours Vancouver (Online) - Nov 17, Reach: 40,000 Calgary Herald (Online) - Nov 17, Reach: 719,000 Surrey North Delta Leader (Online) - Nov 17, Reach: 20,000 News 1130 (Radio) - Nov 17, 2014; 1:00 PM - Reach: 207,315 Canada Times (Online) - Nov 17, Reach: 150,000 TD Waterhouse (Online) - Nov 17, Reach: 10,000 The Province (Online) - Nov 17, Reach: 523,000 Global BC (Online) - Nov 17, Reach: 1,957,000 Radio Canada (Online) - Nov 17, Reach: 2,573,000 News 1130 (Radio) - Nov 17, 2014; 12:00 PM - Reach: 143,940 Global BC - Noon News Hour (Broadcast) - Nov 17, 2014; - Reach: 305,000 Global Okanagan (Broadcast) - Nov 17, 2014; 12:00 PM - Reach: 30,000 CKNW - The Bill Good Show (Radio) - Nov 17, 2014; 8:30 AM - Reach: 15,900 CBC Radio One Victoria (Radio) - Nov 17, 2014; 7:30 AM - Reach: 15,900 CBC Radio One Prince George (Radio) - Nov 17, 2014; 7:30 AM - Reach: 7,500 CBC Radio - The Early Edition (Radio) - Nov 17, 2014; 7:30 AM - Reach: 103,000 CBC Radio One Kelowna (Radio) - Nov 17, 2014; 7:30 AM - Reach: 18,900 CBC Radio One Victoria (Radio) - Nov 17, 2014; 7:20 AM - Reach: 15, ,000CBC Radio One Victoria (Radio) - Nov 17, 2014; 7:10 AM - Reach: 15,900 22
23 The Future of the Rental Housing Index 23
24 24
25 25
26 The NaTonal Rental Housing Index 26
27 Expansion of BC Data Non- Profit Housing 27
28 Rental demand projectons to
29 Neighbourhoods 29
30 Workforce Data 30
31 PopulaTon Data 31
32 Discussion and QuesTons 32
33 Thank you! 33
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