Era of Rental Development

In response to Vancouver’s growing housing crisis, SwissReal has doubled down on developing purpose-built rental properties, positioning itself as a key player in the city’s push to increase rental housing stock. With homeownership becoming increasingly out of reach for many, rental properties offer a viable and necessary alternative.

SwissReal’s rental projects are designed with modern amenities, sustainable features, and prime locations, catering to a diverse range of tenants. By focusing on high-quality, well-located rental units, SwissReal addresses both demand and the city’s broader housing objectives, helping to alleviate some of the pressures on the market.

The emphasis on rental properties also reflects SwissReal’s commitment to long-term community building. By creating housing that serves a wider audience, including families, professionals, and newcomers to Vancouver, SwissReal contributes to the city’s social fabric and economic vitality, helping ensure that Vancouver remains an accessible and vibrant place to live.

Reference Source: BC Housing Market Update, 2021 by BC Real Estate Association (BCREA).

Data Point: In 2021, the BCREA reported a significant imbalance between housing supply and demand, with skyrocketing prices and a severe need for affordable rental units. SwissReal’s pivot to rental properties aligns with these market needs.

Supporting Article: “The Year of the Rental: How Developers are Addressing BC’s Housing Crisis,” Globe and Mail, 2021.