The Big Read: As high costs bite and parents age, some singles and married couples are choosing not to fly the coop

The Big Read: As high costs bite and parents age, some singles and married couples are choosing not to fly the coop

Her arrangement is unusual in Singapore, where the question “Do you want to apply for a BTO flat with me?” is synonymous with a wedding proposal.  But there are those who did get their own house, only to return to the nest as life circumstances nudged them back. Madam Nur, a 41-year-old administrator who has … Read more

Many Canadians in their 20s and 30s are delaying having kids — and some say high rent is a factor

Many Canadians in their 20s and 30s are delaying having kids — and some say high rent is a factor

Anna Smith would like to start a family. But she would also like more space for a baby, as the 27-year-old and her partner currently live in a 500-square-foot apartment in Toronto’s east end for $1,550 per month. Like many Canadians in their 20s and 30s, she says she’s realizing she can’t have both.  So Smith, a University of … Read more

Illegal Airbnb listings offering short stays in Singapore removed from platform

Illegal Airbnb listings offering short stays in Singapore removed from platform

Two other hosts also removed their listings after CNA questioned them. When CNA probed a host named Hayley after she invited this reporter to book her unit at Mayfair Modern condominium for three nights, she said she “actually didn’t know” it was illegal to offer such short stays in Singapore. Hayley later took down her … Read more

Airbnb hosts in Singapore still offering illegal short-term stays

Airbnb hosts in Singapore still offering illegal short-term stays

INVESTIGATIONS All residential properties in Singapore – condominiums, walk-up apartments, flats, bungalows, or terrace houses – are intended for long-term residence. URA investigated 156 cases of suspected unauthorised short-term accommodation in private residential properties in 2023. There were 160 and 117 cases in 2022 and 2021 respectively. The minimum stay duration of three consecutive months … Read more

Apartment construction surged last year but demand still outpacing supply, says CMHC

Apartment construction surged last year but demand still outpacing supply, says CMHC

A surge in new apartment construction drove housing start increases in some major Canadian cities last year, but demand continues to outweigh supply, according to a report released Wednesday by the federal housing agency. The report from Canada Mortgage and Housing Corporation focuses on six major cities: Toronto, Montreal, Vancouver, Calgary, Edmonton and Ottawa. Their combined housing … Read more

Time’s up for some short-term rentals in B.C. as new housing rules look set to transform scene

Time’s up for some short-term rentals in B.C. as new housing rules look set to transform scene

Nancy Paine’s short-term rental business is dead in the water. As co-founder and CEO of Victoria-based Superhost, Paine said she had been at the forefront of the Airbnb revolution for seven years, acting as a “liaison” for homeowners needing help with the logistics of running a listing on the accommodation site. At the peak of … Read more