REIBC Commissioned Research
Trends Beyond the Horizon, Trends Beyond Demographics: The Changing Nature of Work, Workers, and the Workplace Most of us are aware of the labour force challenges Canada is facing – challenges resulting from three decades of below replacement level birth rates and the leading edge of the baby boom generation reaching the retirement stage of the lifecycle. Many other countries such as Italy, Japan, Germany, and Russia have been coping with declining working-aged populations for years. Recent projections show that many other major market economies will begin to see their working-aged populations decline: The Netherlands, Poland, Belgium, Switzerland and France are all expected to see this segment of their populations start to decline by 2012. Perhaps not as well known is that a similar situation is expected for China by 2017. In the five years after 2017 China’s working-aged population is expected to contract by a staggering 10 million people. As a point of comparison, this equates to almost two-thirds of Canada’s currently employed labour force. The Institute’s new report Trends Beyond the Horizon, Trends Beyond Demographics: The Changing Nature of Work, Workers, and the Workplace briefly examines the demographic futures facing the world’s top countries and explores ways to mitigate the impacts of future labour challenges. To read the report, click here.
Mismatch: Residential needs, housing supply and community development in northern British Columbia west of the Rockies
Field research on settlement change and place-based community development supports the view that latent demand for a greater diversity of residential choices is indeed present in northern BC west of the Rockies. Meeting latent housing demand could make a significant contribution to the sustainability of market towns themselves and perhaps some of the non-market settlements and rural areas. The report, Mismatch: Residential needs, housing supply and community development in northern British Columbia west of the Rockies, was commissioned by REIBC, to view the report,
click here
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This report was released in May 2009.)
Hot properties: How global warming could transform BC's real estate sector
Climate change is set to fundamentally alter the way BC's real estate industry does business, says a new report from the David Suzuki Foundation. The report says changes in purchasing behaviour, new government regulations and to the way in which insurers calculate risks will affect the design and location of new developments and could substantially alter property values throughout BC. The report, Hot properties: How global warming could transform BC's real estate sector, was commissioned by REIBC, to view the report,
click here
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(This report was released in November 2007.)
BC real estate in a diversified portfolio
BC real estate should be part of an investor’s Canadian real estate portfolio, says a REIBC report. For an investor choosing between real estate and stocks and bonds, BC real estate should make up at least 50 percent of their portfolio. The preliminary results of the report, entitled BC real estate in a diversified portfolio, examines the place BC real estate has in a Canadian investor’s portfolio. The document was commissioned by REIBC and prepared by Tsur Somerville, Director, UBC Centre for Urban Economics and Real Estate, and Associate Professor, Strategy & Business Economics. To view the report, click here. (This report was released in October 2006.)
Demography and demand: Managing growth and change in the real estate industry Th
ere will be a shortage of real estate professionals in British Columbia in the future due to retirement and a projected growth in the housing market unless recruitment levels almost double, says a REIBC report.
The report, entitled Demography and demand: Managing growth and change in the real estate industry and commissioned by REIBC, says about 1,360 people would need to be recruited each year between 2005 and 2021. “For every person recruited into this sector to fulfill demand from growth in the industry, another would have to be recruited in order to replace someone who retires. This level of recruitment would be almost double the 1991 to 2001 average of 709 people per year.” To view the report,
click here
. (This report was released in September 2005.)
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