Debunking the “homes outpace households” argument

  1. This analysis treats all units the same, despite a one-bedroom apartment housing far fewer people than a family-sized home.
  2. Household growth is a net number (number of new households minus the number of households that left), but new dwellings completed is a gross number. Until you subtract out the number of homes that were knocked down, this is an apples-to-oranges comparison.
  3. And… most importantly… the number of net new households formed is a function of the number of net new homes. They’re not independent of each other!
Source: Statistics Canada

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Senior Director, Smart Prosperity. Assistant Prof, Ivey Business School. Exhausted but happy Dad of 2 wonderful kids with autism. I used to do other stuff.

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Mike Moffatt

Mike Moffatt

Senior Director, Smart Prosperity. Assistant Prof, Ivey Business School. Exhausted but happy Dad of 2 wonderful kids with autism. I used to do other stuff.

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