Proximity to Good Schools the #1 factor for Canadian Renters in 2020

Photo by Daniel Novykov on Unsplash

With 2020 underway, a new report has broken down the key rental market predictions for the next year.

One of the major predictions from the report, which was prepared by rentals.ca, is that rent will continue to rise in major metropolitan areas throughout Canada in 2020, with average rental rates expected to increase to 3% year-over-year on a national basis.

READ: Annual Rental Rate in Toronto Could Increase By 7% in 2020: Report

Experts also predict that in 2020 rental markets in and around schools will experience very strong growth.

The report revealed that 2019 was a strong year for developers and property managers as demand for rental units was strong across the country, with a peak in popularity in the third quarter, according to Local Logic in Montreal, which contributed to the report.

“In 2019, online rental activity shows rental listings are increasingly more in demand compared to for-sale properties, and we expect that to continue into 2020,” says Vincent-Charles Hodder, CEO of Local Logic.

One key contributor to this was a shift in lifestyle demands of renters, as more families turned to rent rather than owning. Local Logic said it tracked shifting lifestyle demands of renters and found that more families are renting rather than owning, which “has led to a larger number of more diverse rentals available on the market.”

“As more families continue to rent as opposed to buy, we see renters for larger homes are willing to sacrifice their ability to take transit or walk to get their groceries in favour of being located near a quality school,” says Hodder.

He added that he expects the rental markets to perform “very strongly” in areas close to schools in 2020.

Local Logic/Rentals.ca

Local Logic prepared a series of charts that look at Canadian renters’ interests, which includes living in proximity to things like schools, transit, grocery stores, nightlife, restaurants, and parks.

The big takeaway is that the larger the size of the rental, the greater interest a renter has in living closer to a school. For example, those living in a 1-bedroom have a 24.7% interest in living near a school, compared to those renting a 5-bedroom, who have a 56.7% interest. That said, for every size rental — from 1-bedroom through to 5-bedroom — proximity to a school was the number one factor for potential renters.

You can find the full national report here.

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    Do you remember the blockbuster hit film The Matrix that was released in 1999? You may not know this, but it has deep spiritual implications concerning the times we are living in and Bible prophecy.

    It tells a story of how these “agents” are trying to turn us into machines. We are closer then ever before for this to become a reality when they cause us to receive an implantable microchip in our body during a time when physical money will be no more.

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    …Here is wisdom. Let him who has understanding calculate the number of the beast, for it is the number of a man: His number is 666″ (Revelation 13:16-18 NKJV).

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    In the Islamic religion they have man called the Mahdi who is known as their messiah of whom they are waiting to take the stage. There are many testimonies from people online who believe this man will be Barack Obama who is to be the biblical Antichrist based off dreams they have received. I myself have had strange dreams about him like no other person. So much so that I decided to share this information.

    He came on stage claiming to be a Christian with no affiliation to the Muslim faith…

    “In our lives, Michelle and I have been strengthened by our Christian faith. But there have been times where my faith has been questioned — by people who don’t know me — or they’ve said that I adhere to a different religion, as if that were somehow a bad thing,” – Barack Obama

    …but was later revealed by his own family members that he indeed is a devout Muslim.

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    “And He (Jesus) said to them (His disciples), ‘I saw Satan fall like lightning from heaven'” (Luke 10:18).

    In the Hebrew language we can uncover the meaning behind the name Barack Obama.

    Barack, also transliterated as Baraq, in Hebrew is: lightning

    baraq – Biblical definition:

    From Strongs H1299; lightning; by analogy a gleam; concretely a flashing sword: – bright, glitter (-ing, sword), lightning. (Strongs Hebrew word H1300 baraq baw-rawk’)

    Barak ‘O’bamah, The use of bamah is used to refer to the “heights” of Heaven.

    bamah – Biblical definition:

    From an unused root (meaning to be high); an elevation: – height, high place, wave. (Strongs Hebrew word H1116 bamah baw-maw’)

    The day following the election of Barack Obama (11/04/08), the winning pick 3 lotto numbers in Illinois (Obama’s home state) for 11/5/08 were 666.

    Obama was a U.S. senator for Illinois, and his zip code was 60606.

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