Ontario Mortgage & Real Estate Insights Podcast
We cover the daily developments, trends, and regulatory changes affecting the industry, powered by an AI Steve Hamoen. Get insights sourced from reputable news outlets to help you stay informed and make well-informed decisions.
Federal Housing Goals, Accessibility Challenges, and Barrie's Safety Ranking
In this episode, we start with a welcome and a sponsor message from Real Approved Inc. We then dive into the federal housing challenges, focusing on the ambitious goal of building 3.5 million new units. The discussion moves to homeownership accessibility and the impact of rising costs. We explore Barrie's safety ranking and examine property crime rates in urban areas. The conversation shifts to trends in the Canadian dollar, providing economic insights relevant to the real estate market. The episode concludes with closing remarks.
Key Points
- The Liberal government's housing targets were deemed unrealistic due to the construction industry's inability to meet the demand for affordable housing.
- Barrie, Ontario, stands out as a safer and more affordable option for homeownership compared to cities like Toronto, according to a Zoocasa report.
- The Canadian dollar has dipped slightly against the U.S. dollar amid projections of lower growth in the U.S. economy and geopolitical factors strengthening the U.S. dollar.
Chapters
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Transcript
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