VCREP #180 | Why Developers Can’t Build Homes in Today’s Market
About this episode
Cory Wright and Brad Jones discuss the challenges developers face in building new housing in today's market.
This week, Cory Wright welcomes back Brad Jones, Chief Development Officer at Wesgroup, to unpack why building new housing has become so challenging in today’s market. They discuss everything from massive upfront costs and rising municipal fees to the unintended consequences of consumer protection legislation like the Real Estate Development Marketing Act (REDMA). The conversation also explores potential policy changes that could help unlock stalled projects, including removing GST on new housing and revisiting property transfer taxes. Brad offers a candid look at the hurdles developers face, why housing supply is struggling to keep up with demand, and what needs to change to get projects moving again.
More episodes of Vancouver Commercial Real Estate Podcast
- VCREP #185 | Inside Western Canada’s Real Estate Shift with Johannes Van Leenen
- VCREP #183 | Global Investing Insights with Peter Leung
- VCREP #182 | Unpacking BC’s 2026 Provincial Budget with Stephen Gammer
- VCREP #181 | Why Nanaimo Could Be the Hottest Commercial Real Estate Market in 2026
- REPOST: VCREP #36 | Investing in Multifamily 101 with Marianne DeCotiis
- VCREP #179 | Interest Rates, Lending, and What Comes Next with Alan Haigh
Explore listener stats, chart rankings, contacts and more on the Vancouver Commercial Real Estate Podcast podcast page.