LAI Global Initiatives sponsored a webinar on Home Ownership in Transition - A Canada-California Comparison on 2023-10-16.
The webinar featured a moderated panel with experts from the legal, insurance and regulatory perspectives and explored the differences in construction defect legislation and project financial risk between acceptance of condo housing (5 or more units, apartment or townhome) in Canada compared to California. 38 percent of the new housing added in Canada between 2011 and 2021 was in the form of multi-family condos (5 or more units), compared to an estimated 3 percent in California.
The webinar recommended California consider the systems in place in Canada to encourage multi-family home ownership.
Photos of LAI Home Ownership in Transition header, courtesy of Rick Cook