George Penfold Regional Innovation Chair Selkirk College KCSHC Grandview Manor Committee, January 29, 2009
Housing and Labour Markets Background on housing industry Background on population and housing Census based needs assessment Roles in responding to needs
In Commute Out Commute 580 Area J. - 910 total 840 Live/Work 330
$78.6 M (72% of total) in Residential Building Permits RDCK, 2007 54% of Residential Permit Value in rural RDCK Annual house maintenance - Estimate @ 1% = $63.5 M annually
Kootenay Development Region 1997 2007 (East and West Kootenay) Total employed, all industries ('000) 65.3 77.1 Construction 3.6 9.2 Finance, insurance, real estate, leasing 3.0 3.2 Business, building, support services 1.6 2.4 Compared to: Manufacturing 7.6 8.4 Forestry, fishing, mining, oil and gas 4.1 5.4 KDR Construction - 14% of all firms, Dec 2007
RDCK (2008) Assessed Developed Residential Property Value - $6.35 B ($113,400 per person) Largest “equity” pool for many households Big contributor to basic quality of life, comfort and to “status” for many Homeowners contribute to lack of affordable inventory by “up scaling,” “home makeovers”
“Boomer” generation retiring. Creates housing demand for retired, semi retired “amenity migrants” West Kootenay Labour Force projected needs - 7,100 new and replacement workers 2006 to 2011 Competing demands generate increasing prices if supply is not adequate
Age Number Proportion 0 - 14 1,487 15.6% 15- 24 1,647 12.6% 25 - 54 5,521 42.2% 55 - 64 1,716 13.1% 65 - 74 1,154 8.8% 75 - 84 713 5.4% 85+ 286 2.2% Total 13,071 65+ 2,153 16.5% 55+ 3,869 29.5%
Year Population Households 1996 13,548 5,317 2001 13,517 5,516 2006 13,071 5,499 2011 13,241 5,813 2016 13,231 6,072 2021 13,245 6,168 Change 2006 - 2016 160 573
2006 2016 Change 2006 2016 Population % of Population Age 13,071 13,231 160 0-17 2,598 2,074 -525 19.9% 15.7% 18-24 1,361 1,067 -294 10.4% 8.1% 25-64 7,041 7,414 373 53.9% 56.0% 65+ 2,071 2,676 +605 15.9% 20.2%
2001 2008 Total Parcels 7,644 7,741 Non Resident 17.7% 18.3% Other Rest Can. Alta Rest BC 2008 Mainland/SW 2001 Slocan/Arrow Lk Nelson/Kaslo Salmo/Creston 0 200 400 600
Propert erty y Type Share re of Titles - 2008 08 SFD 7% Acreage Dwelling 14% Multi Family 18% Agricultural 30% Hotel/Resort 28% Commercial 33% Manufacturing 74%
Dwelling Type Castlegar Area BC Total private dwellings occupied by usual residents 5,245 1,643,150 Single-detached houses 78.1% 49.2% Multi Family 5.0% 10% Apartments 7.7% 38% Other dwellings (Mobile) 9.2% 2.8% Individuals/Families in supportive housing 346
Location Total Rental Households 2006 % Change (2006 Census) (% of all Households) 2001-2006 Castlegar Area 935 (17.8%) -13.0% Castlegar 660 (20.5%) -11.4% Trail 985 (28.0%) -2.0% Nelson 1,540 (34.8% ) -1.3% CBT 14,420 (21.4) -9.0% BC 493,995 (30%) -3.6%
Change Area 2006 2001 - 2006 Average Dwelling Value RDCK $240,339 61.60% Castlegar Area $209,049 42.40% Average Household Income RDCK $51,574 13.80% Castlegar Area $62,132 17.80% Average Rental Rate RDCK $623 8.35% Castlegar Area $572 -3.54% Minimum wage BC $8.00/hour 0%
Avg. Dwelling Avg. Value 2006/Avg. Location Avg. Dwelling Household Household (2006 Census) Value 2006 Income 2005 Income 2005 Castlegar Area $209,049 $62,132 3.4 City of Castlegar $197,863 $62,941 3.1 Trail $142,303 $51,155 2.8 Nelson $273,287 $51,717 5.3 CBT $238,823 $57,534 4.2 BC $418,703 $67,675 6.2
Proportion Location (LHA - % Total Households Rental of 2006 Census) Spending 30% or more Total Castlegar Area 18.1% 35.3% City of Castlegar 20.4% 42.4% Trail Area 17.0% 40.1% Nelson Area 27.9% 48.6% CBT 21.1% 40.5% BC 28.4% 45.5%
Total Rental Owned Castlegar Area 945 330 (35.3% of rental) 615 (14.4% of owned) Castlegar 625 265 (40.2% of rental) 360 (15.0% of owned)
Castlegar One Person Lone-Parent Couple Family Couple Family Family With Without Area Children Children Affordability Challenged 475 100 155 150 % Affordability Challenged 50.3% 10.6% 16.4% 15.9% % Household 33.3% 19.8% 12.0% 5.6% Type
Couple Primary Single Person Households, Rental Householders Households no Children Households Castlegar 46.5% of 3,065 65.3% of 880 64.9% of 970 38.2% of 655 E.A. I 36.8% of 1,010 45.8% of 240 63.8% of 345 16% of 125 E.A. J 41.3% of 1,175 63.3% of 300 53.1% of 405 36.6% of 150
Total Income Median Average (Tax filer 2005) Income Income $72,062 $82,517 Couple economic families Male lone-parent economic $51,853 $53,931 families Female lone-parent economic $31,784 $38,881 families Males 15 years and over not in $26,361 $29,726 economic families Females 15 years and over not in $18,492 $20,694 economic families
Following are possible categories of housing need: • basic shelter (emergency, homeless) • transition/care • subsidized rental housing • market rental housing • non-market housing • market housing
Different partners and roles depending on what is being considered: • Local and/or Regional Government • Provincial and Federal Government (BC Housing, CMHC) • Local and/or Regional NGO’s/CBT • Private Sector Basic Question: who will invest in, and manage housing development?
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