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A prime example of how the international student boom is affecting the housing market. This is the neighbourhood I grew up in (Tweedsmuir/Fairmont in #ldnont). A 700 sq.ft. 1 bedroom home is renting out for $3300 (and being sold for 650K) because it's 6km from Fanshawe College. 
You could buy some homes in that neighbourhood for under 100K, well into the 1990s. Now you've got one selling for 650K, and being used as student housing.
International enrollment numbers, from 2015-16 to 2019-20 (I don't have this year's numbers):
Fanshawe went from 1,652 in 2015-16 to 6,065 in 2019-20.
Western undergrad went from 2,779 in 2015-16 to 4,149 in 2019-20. Grad went from 1,218 to 1,677.
Fanshawe went from 1,652 in 2015-16 to 6,065 in 2019-20.
Western undergrad went from 2,779 in 2015-16 to 4,149 in 2019-20. Grad went from 1,218 to 1,677.
https://twitter.com/gregbradyTO/status/1655673661594935300?s=20
And to be absolutely crystal clear, I am not blaming international students for rising home prices and rents; they're the biggest victims of a lack of affordability.
Rather I'm blaming our policymakers, who didn't coordinate enrollment policies with housing ones.
Rather I'm blaming our policymakers, who didn't coordinate enrollment policies with housing ones.
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