R-LABS RESEARCH
Prioritizing Action & Industry Innovation
On February 8, 2022, the Ontario Housing Affordability Task Force published a report as part of the government’s broader plan to seek feedback from various sources, including through municipal and public consultations, to identify and implement measures that will address the housing supply crisis and get homes built faster.
The R-LABS Industry Issue + Transformation Council (I+T) conducted a survey to gather industry feedback on the recommendations introduced in this report with the goal to help advance these recommendations through industry innovation.
The Task Force report contained recommendations across five themes, we asked our community: Which recommendation do you think should come first?
Require greater density
Fix the Ontario Land Tribunal
Reduce and streamline urban design rules
Support municipalities that commit to transforming the system
Depoliticize the process and cut red tape
Results as of April 2022
What is the biggest barrier to innovation in the real estate industry?
We presented at the LandPRO 2021 Conference and with our Real Innovator Monthly subscribers, asking what the biggest barrier to innovation is in the development industry in 2021: Focus, Skills, Motivation, Capital, Risk, or Limited Time?
Focus
Too many new technology solutions looking for a problem
Capital
Lack of innovation funding
Skills
Limited training
on innovation
Risk
Disruption to stability of core business
Motivation
Lack of reward
Limited Time
People are too busy