About this episode

The episode discusses the government's intervention in the condo market amidst a housing crisis and debates the implications of such policies.

Thousands of completed condos sit empty in a housing crisis, and now governments in Ontario and B.C. are using public money to fix it. Nick and Dan break down the Ontario "template", a government-backed buyer for unsold units, GST/HST relief up to $130K per home, and development-charge cuts, and ask whether it's smart housing policy or a bailout for developers who bet wrong. They tackle the hard questions: Why does all this inventory exist? When does policy cross into rescuing private balance sheets? And why should a taxpayer in Halifax fund the cleanup of markets that leaned hardest into speculation? The verdict is in the terms, not the headline: a real discount with long-term affordability is defensible; near-peak prices with a short affordability window is a bailout. Because in housing, somebody always pays, the only question is who. TORONTO MULTIPLEX EVENT Try it NordVPN risk-free now with a 30-day money-back guarantee! Use our code "realestate" to get 4 extras months from a 2 years plan Exchange-Traded Funds (ETFs) | BMO Global Asset Management LISTEN AD FREE See omnystudio.com/listener for privacy information.

People in this episode

Hosts: Daniel Foch, Nick Hill

Topics covered

• condo market
• housing crisis
• government policy
• affordability
• real estate investment
• public funding

Keywords

• condo market
• housing crisis
• government policy
• affordability
• real estate
• public funding
• bailout
• speculation

Sponsors

NordVPN

Mentioned in this episode

Organizations: BMO Global Asset Management

Places: Ontario, B.C.

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