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Service Industries Newsletter
Archived Content
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This product offers a window to industry reports, statistics, analytical articles, survey methodology and information for survey participants for a wide selection of service industries that encompass 250 North American Industry Classification System(NAICS) categories and half of Canada's business establishments.
In this issue
Study: Changes and Challenges for Residential Real Estate Lessors
This article begins by looking at factors that prompted many renters to buy homes in recent years. Factors examined include income and wealth levels, interest rates, rents and property costs, economic conditions and changing financing options. The article also considers some possible effects that the shift towards home ownership has had on residential real estate markets.
Also included is a detailed profile of renters, including a description of the characteristics of households that are most likely to be renters. Characteristics examined include household income, province of residence, age, and type of household. The article also looks at how the characteristics of renters have changed since 1986, and offers a brief profile of the residential real estate lessors industry.
