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Brandon Donnelly — Daily insights for city builders. Published since 2013 by Toronto-based real estate developer Brandon Donnelly. — Page 529

[Video] RAD Marketing's Future Frontiers real estate podcast

  • Daniel-marinovic
  • Forest-gate
  • Podcast

I was recently on RAD Marketing's Future Frontiers podcast talking about real estate stuff with Daniel Marinovic (CEO and Managing Partner of Forest Gate ) and Sean Zahedi (Vice President at RAD). I haven't watched the video yet and I honestly don't remember what I said (it was a few weeks ago), but if you're interested, you can listen to it here and watch it on YouTube here .

https://youtu.be/vF3ez7zsews

Miami rents increased 55.3% on a year-over-year basis

  • Florida
  • Housing
  • Miami

All of the talk of people moving to Miami over the last two years is certainly coming through in the numbers. According to this recent rental report by Realtor.com , residential rents in the Miami-Fort Lauderdale-West Palm Beach metro area increased 55.3% on a year-over-year basis (as of February 2022). And the next 2 metro areas on the list are also in Florida. This is compared to a 17.1% increase for national rents, which is quite a bit lower, but still a massive increase. These are clearly unsustainable numbers and eventually things will settle down. How exactly things settle down is yet to be determined. But for right now, the above figure feels to me like a pretty good answer to the following question: If you had the flexibility to work from anywhere, where would you go? Somewhere sunny, I guess.

How do you charge an electric vehicle if you park on-street?

  • Electric-vehicles
  • Environment
  • Ev-charging

Last year, about 10% of all new motor vehicles registered in Canada were some form of electric vehicle (battery, hybrid, or plug-in EV). But this number is rising. And even though we're still early on in the adoption curve, you can live a pretty great life with an electric vehicle today.

The caveats are perhaps as follows: (1) it really helps to have some kind of garage or driveway (so you can install a dedicated charging station) and (2) depending on your lifestyle, you may encounter the occasional feeling of " range anxiety ."

I drive to the mountains to go snowboarding every winter and my sense is that we need to get far more serious about blanketing our most densely populated regions with charging stations.

But here's another problem that came up this week in conversation: How do you charge your EV if your only option for parking is on-street?

Do you have to run a cable from your home across the sidewalk? And then what happens if the spot in front, or nearby, isn't available? Is it really going to be feasible/desirable to have charging stations on the sidewalks of every residential street when EV penetration reaches the majority?

This is clearly a problem that will need to be solved, and I know that many people and cities are working on it as we speak. I don't know how advanced this is, but Norway, for instance , is working on wireless charging roads that power up vehicles from below.

What other possible solutions have you seen out there?

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Daily insights for city builders. Published since 2013 by Toronto-based real estate developer Brandon Donnelly.