Housing Affordability

Featured News

No Evidence of Climate Crisis

In his annual State of the Climate report published on April 14, 2022, Dr. Ole Humlum, Emeritus Professor at the University of Oslo, examined detailed patterns in temperature changes in the atmosphere and oceans together with trends in climate impacts. Many of these...

The Poverty of Nations: Institutions—more than geography or culture—may explain wealth disparities around the globe.

The main claim of “Why Nations Fail” is twofold. First, differences in institutions—not geography or culture—are the key explanation for differences in wealth around the globe. Second, those differences are often a result of historical accidents, such as the different colonization strategies adopted in different regions of the Americas.

A Place in the Sun Still Precious: Price of owning a house in Kelowna still one of the highest in the country

Even with house prices down in a soft economy, Kelowna’s housing is still considered “severely unaffordable.” The Frontier Centre for Public Policy’s eight annual Demographia Housing Affordability Survey puts the city’s multiple ratio at 6.6, the fourth most unaffordable in the country behind Vancouver, Abbotsford and Victoria.