Chinatown heritage shophomes are most popular with young and creative type Caucasian expats. Finding Affordable Homes for Expatriates is my business. As at August 2000, rentals have trended upwards for the new centrally located condos and bungalows with swimming pool in the last 6 months. There is a scarcity of supply while demand has gone up tremendously. Suburban housing and older condos offer lower rents to compete against the new kids on the block.
Most expats prefer the new condos, leading to an increase in rent in the downtown areas.
Detached houses with inground swimming pool are in great demand. Regency Park has big balconies, a hot asset to attract Caucasian expats. There is a great demand for balconied apartments from Caucasians. 10-15 min walk to the Commonwealth subway. Leonie Towers attract expats with big families as rent tend to be lower per sq.