David & Mark Goodman
The final numbers are in! Our report 2011—The Year in Review provides an in-depth analysis of the Greater Vancouver apartment market. We looked at this past year’s performance vs. 2010, published the sum total of all 2011 building transactions, reviewed CMHC’s rental market report and commented on the contentious matter of rent control.
Download the exclusive report here >>
David & Mark Goodman
The matter of rent review/rent control has become a personal fixture amongst BC’s
rental apartment industry. Imposed and modified by previous Provincial
Governments, its implementation has proved anathema to landlords and has long
been regarded as one of the key obstacles to the expansion of rentals by supply
advocates. New purpose-built development remains uneconomic as
politicians find it expedient to shift the onus and the burden onto the backs
of apartment owners with arbitrarily capped rent levels.
Frank O’ Brien/Peter Mitham, Western Investor
January 2012
When Helmut Pastrick took the podium to address Metro Vancouver developers in November, the chief economist at Central 1 Credit Union warned of “considerable headwinds” facing the commercial real estate market in 2012. His outlook for this year was far from inspiring.
Malcolm Parry, Vancouver Sun
December 8, 2011
Apartment buyers, vendors, appraisers and other commercial-realty professionals in B.C., as well as thousands more worldwide, regularly scan The Goodman Report. That’s the physical and electronic newsletter David and Mark Goodman publish while maintaining a $125-mil-lion gross yearly sales average as co-principals, with David England and Grant Wilson, in HQ Real Estate Services.
Peter Mitham, Business in Vancouver
November 2011
Going national
Rental apartments may be a challenge to build in Vancouver, but this isn’t the only city grappling with the issue. During interviews for last week’s Business in Vancouver Full Disclosure feature story “Apartment blocked” (issue 1150; November 8-14), apartment broker David Goodman observed that building purpose-built rentals is a challenge right across Canada – save for perhaps a few sites in Ontario.