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The Best Cities in Canada To Invest In Student Housing - Province by Province

The Best Cities in Canada To Invest In Student Housing - Province by Province
It’s a widely known fact that many Canadian cities suffer from a shortage of off-campus & purpose-built student housing. There are a handful of Canadian cities that have capitalized upon the demand for student housing, but there is still a great deal of investment potential within the student housing market across the country.   Here’s a look at each of the provinces, with the leading student housing cities highlighted, based upon a variety of criteria. The criteria includes: student enrollment & projected growth, rental rates, availability of on-campus housing, vacancy rates, number of academic institutions and more.   Ontario – Guelph:   Without question, Ontario is the most developed province in terms of student housing. Ontario is home to approximately 40 universities (both publicly and privately funded) and over 25 colleges. Choosing a top city for student housing in Ontario is difficult, as there are many profitable markets for student housing investments.At one point in time, Waterloo was the champion; however, it has been contended that Waterloo has become overbuilt with student housing since then. Henry Morton, President of Campus Suites, claims that there is a trio of southern Ontario markets that are being overbuilt: Waterloo, London and Oshawa. These three cities previously were in contention for the top Ontario city for student housing, but in recent years have become less attractive markets. These three cities still do have a great deal of investment potential, but the competition has heated up dramatically, making it less appealing to investors.  In November 2014, Rock Advisors indicated that ......
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Canada Vs. The United States: Comparing Student Housing Markets

Canada Vs. The United States: Comparing Student Housing Markets
Over the past decade, the student housing market in the United States has been rapidly expanding with the boom of purpose-built student housing. With each passing year, the number of student housing bed deliveries seems to be increasing alongside enrollment rates. The same, however, cannot be said about Canada. Yes, enrollment rates are increasing in Canada, but student housing isn’t advancing in conjunction with these rates.   There are a variety of potential reasons why Canada is lagging behind USA, such as smaller population, regional disparity, lack of market research, unwillingness from major REITs to invest and more. Despite this lack of advancement in the student-housing sector for Canada, great investment potential still exists. So why is Canada so far behind?   According to the Canadian University Survey Consortium, in 2011, only 16 percent of undergraduate students in Canada lived in on-campus housing. American REITs that have witnessed this statistic in the American market have invested heavily in student housing. Yet for some reason, this investment potential has been largely overlooked by many major REITs in Canada. Perhaps these REITs see the Canadian market as a gamble, since there isn’t a great deal of research or statistics on the Canadian student housing market. In actuality, this market is full of potential, but there isn’t a lot of off-campus housing development happening around major Canadian colleges or universities by REITs or third-party investors.   The CFAA Rental Housing Business Magazine released the 2014 RHB Student Housing Report, which states that the United States has 10 ti......
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