CALGARY, Feb. 2, 2016 /CNW/ - Frontier Centre for Public Policy has released the Frank Atkins and Brianna Heinrichs document "Supply and Demand in Alberta's Housing Market". The authors explore the oil and gas driven economy and the effect of the boom and bust cycle on the housing market in Alberta. Boom periods, large numbers of workers, and higher wages increase demand for housing while the inevitable bust brings layoffs and rising vacancy rates. Some have pointed out that while vacancy rates have gone up and house prices have gone down, many rents are still quite high, prompting calls for government intervention.
The authors examine the Alberta situation from the perspective of supply and demand as well as statements from representatives of the Notley government.
"Alberta's Housing Market" can be found here: Alberta's Housing Market
Frank Atkins is the Chair of Finance & Capital Markets and Brianna Heinrichs is a researcher at the Frontier Centre for Public Policy.
SOURCE Frontier Centre for Public Policy
Image with caption: "Frank Atkins (CNW Group/Frontier Centre for Public Policy)". Image available at: http://photos.newswire.ca/images/download/20160202_C3531_PHOTO_EN_611276.jpg
Image with caption: "Brianna Heinrichs (CNW Group/Frontier Centre for Public Policy)". Image available at: http://photos.newswire.ca/images/download/20160202_C3531_PHOTO_EN_611278.jpg
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