‘Debacle’: How Toronto’s condo bubble could lead to tens of billions of dollars in losses

Video

A condominium under construction at Yonge St. and Bloor St in Toronto, Oct. 23, 2023. Arlyn McAdorey/The Canadian Press.

Ron Butler, principal broker at Butler Mortgage and host of the Angry Mortgage Podcast, discusses the impact of the Bank of Canada’s interest rate decision on the real estate market, the need for massive deregulation and opening up of new land to address the housing crisis, and why Canada needs more family-friendly, low-rise developments to stabilize the market.

You can listen to this episode on Amazon, Apple, and Spotify.

The Hub Staff

The Hub’s mission is to create and curate news, analysis, and insights about a dynamic and better future for Canada in a…

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