Why no one can afford a home in Canada right now

About this episode

Ron Butler discusses Canada's housing crisis and the factors contributing to the lack of affordability.

Ron Butler, principal of Butler Mortgage, discusses Canada's housing crisis. He analyzes the ongoing price correction in major markets, the collapse of investor-driven "dog crate condos," and rising mortgage defaults as pandemic-era rates reset. He argues that regulatory barriers, development fees, and the Greenbelt prevent new construction, while policy responses prioritize protecting existing homeowners over affordability for young Canadians. He also explores how Canada's housing market became financialized and whether fundamental reforms are politically feasible. Subscribe to The Hub's podcast feed to get all our best content: https://tinyurl.com/3a7zpd7e (Apple) https://tinyurl.com/y8akmfn7 (Spotify) Watch a video version on YouTube: https://www.youtube.com/@TheHubCanada Follow The Hub on X: https://x.com/thehubcanada?lang=en CREDITS: Amal Attar-Guzman - Producer Elia Gross - Editor Rudyard Griffiths - Host Chris Young/The Canadian Press. Hosted on Acast. See acast.com/privacy for more information.

People in this episode

Host: Rudyard Griffiths

Guest: Ron Butler

Topics covered

• housing crisis
• mortgage defaults
• price correction
• regulatory barriers
• affordability
• financialization
• political reforms

Keywords

• housing crisis
• Canada
• mortgage defaults
• price correction
• affordability
• regulatory barriers
• financialization

Mentioned in this episode

Organizations: Butler Mortgage, The Hub, Acast, The Canadian Press

Places: Canada, Greenbelt

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