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20min chapter
Are Tariffs Looming on Canadian Oil?
The Loonie Hour
Troubles in Toronto's Condo Market
This chapter explores the current challenges facing the Greater Toronto Area's real estate market, with a particular focus on the drastic decline in condo presales. The speakers discuss the implications of rising interest rates, stagnant population growth, and economic pressures on developers, drawing parallels to historical downturns. Amidst these challenges, they reflect on government mismanagement and rising housing costs while emphasizing the need for optimism in rejuvenating the market.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode