<p data-async="">Canada needs&nbsp;<a data-evt-val="{&quot;control_fields&quot;: {&quot;mparticle&quot;: {&quot;keys&quot;: {&quot;click_source_type&quot;: &quot;click_source_type&quot;, &quot;anchor_text&quot;: &quot;anchor_text&quot;, &quot;target_url&quot;: &quot;target_url&quot;, &quot;layout_section&quot;: &quot;layout_section&quot;}, &quot;mp_event_type&quot;: &quot;Navigation&quot;, &quot;extra_keys&quot;: [&quot;click_vertical_position_percentage&quot;, &quot;click_vertical_position_pixels&quot;]}}, &quot;click_source_type&quot;: &quot;in-page link&quot;, &quot;anchor_text&quot;: &quot;3.5 million more homes&quot;, &quot;target_url&quot;: &quot;https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/housing-research/research-reports/accelerate-supply/housing-shortages-canada-updating-how-much-we-need-by-2030&quot;, &quot;layout_section&quot;: &quot;in-page-link&quot;}" rel="noopener noreferrer" data-evt="click" data-evt-typ="click" href="https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/housing-research/research-reports/accelerate-supply/housing-shortages-canada-updating-how-much-we-need-by-2030" target="_blank">3.5 million more homes</a>&nbsp;in the next five years for our fast-growing population, and one prominent developer sees a solution: purpose-built rental housing.</p>

How Canada Wins: Fitzrovia CEO says purpose-built rentals aren't the same as condos. But governments need to help kick-start construction.{ai:summary}<p>Canada requires 3.5 million additional homes within five years to accommodate its growing population. A leading developer suggests that purpose-built rental housing could be a viable solution to meet this demand. #society</p>

Developer makes his pitch: Renting our way out of the Canadian housing crisis

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