The Canadian Real Estate Investor

• What's Happening In The Rental Market?

  Dan interviews Max Steinman (CEO of RentSync/Rentals.ca) and "Millennial Moron" (Jeb) about current trends in the Canadian rental market. They discuss the impact of increased purpose-built rental supply, declining demand in major cities, rising vacancies, and strategies for both large and small landlords to compete in this shifting landscape. The importance of location, the unintended consequences of rent control, and the need for a more balanced approach to housing affordability that addresses supply-side issues. Demand is down and supply is up, leading to declining rents and rising vacancies, especially in Toronto and Vancouver due to an influx of condo units into the rental market. Small landlords need to focus on providing excellent service, building relationships with tenants, being willing to negotiate on rent, and highlighting advantages like rent control to compete with larger purpose-built rentals offering incentives. Increasing the supply of purpose-built rentals can ultimately improve housing affordability and create a more stable rental market, but it's important to strike a balance and avoid over-relying on demand-side solutions. Exchange-Traded Funds (ETFs) | BMO Global Asset Management Buy & sell real estate with Ai at Valery.ca Get a mortgage pre-approval with Owl Mortgage Go AD FREE free 1 week trial for Realist PremiumSee omnystudio.com/listener for privacy information.

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• The Foreign Buyer Ban; The Solution Or The Problem

  The Foreign Buyer Ban was implemented in January 2023 to make housing more affordable for Canadians by prohibiting non-Canadians from purchasing residential properties with up to 3 dwelling units in urban areas. The ban was recently extended until January 1, 2027. While politically popular, its effectiveness has been questioned due to numerous loopholes and its coinciding with rising interest rates, making it difficult to isolate its impact on the housing market. developers have called for lifting the ban, arguing it's stalling construction by blocking foreign capital needed for pre-sales financing, with housing starts in BC dropping 50% from March 2024 to March 2025 The ban has multiple workarounds including obtaining permanent residency, buying properties with 4+ units, purchasing in rural areas, or investing in development projects The ban's effect on prices has been minimal compared to interest rate increases, with industry experts like Royal LePage's COO calling it "unnecessary" with "virtually no impact on home costs or supply" Exchange-Traded Funds (ETFs) | BMO Global Asset Management Buy & sell real estate with Ai at Valery.ca Get a mortgage pre-approval with Owl Mortgage Go AD FREE free 1 week trial for Realist PremiumSee omnystudio.com/listener for privacy information.

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• Is Canadas Construction Industry Prepared for The Silver Tsunami Of Retirements?

  We discuss how modular construction and prefabricated housing can address Canada's housing crisis through improved labor productivity. The hosts examine Canada's productivity challenges compared to the US, particularly in construction, and explore innovative building methods that could accelerate housing production despite an aging workforce. Canada needs to double its housing construction to approximately 430,000-480,000 annual starts to restore affordability, but faces barriers including labor shortages and weak productivity in residential construction⁠⁠. A "silver tsunami" of retirements will remove about 270,000 construction workers (one-fifth of the workforce) over the next decade, creating an urgent need for productivity improvements⁠⁠. Innovative methods like modular construction can reduce build times by 20-50%, while mass timber requires half the workforce of concrete builds and speeds construction by 30% Exchange-Traded Funds (ETFs) | BMO Global Asset Management Buy & sell real estate with Ai at Valery.ca Get a mortgage pre-approval with Owl Mortgage Go AD FREE free 1 week trial for Realist PremiumSee omnystudio.com/listener for privacy information.

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• Are We Headed Towards A Renters Economy ?

  We explore whether Canada is moving toward a "renters economy" where more people rent homes rather than own them. It examines historical housing trends, current market conditions, and international comparisons to assess if Canada is following countries like Germany where renting is normalized. "You'll own nothing and be happy" represents a subscription-based future economy Canadian homeownership rose from 40% (1940) to 60% (1970s) due to post-WWII government policies Millennials face the highest barriers to homeownership Current construction favors rental units (108,000) over condos, boosted by CMHC incentives Germany normalizes renting with strong tenant protections, 11-year average tenancies Real estate makes up 28% of Canada's GDP, possibly diverting investment from more productive sectors A rental economy shift could improve tenant protections and amenities while increasing property values Canada appears to be gradually shifting toward a rental-focused housing landscape Exchange-Traded Funds (ETFs) | BMO Global Asset Management Buy & sell real estate with Ai at Valery.ca Get a mortgage pre-approval with Owl Mortgage Go AD FREE free 1 week trial for Realist PremiumSee omnystudio.com/listener for privacy information.

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• Is The Canadian Housing Sentiment Finally Shifting? National Market Update

  We open the show with an institutional perspective on the housing market and close it with our hosts who provide boots on the ground updates RBC/BMO Forecast: Home resales are down, but a rebound is expected in 2026, tempered by affordability, labor market, and immigration challenges. Regional Differences: Prairies and Atlantic Canada are more stable; Ontario and B.C. face imbalances, with prices dropping into 2026. Affordability & Pent-Up Demand: Lower rates and prices offer some relief, but affordability remains a key constraint, and improvements slow population growth. High Inventory: Ontario and B.C. are flooded with homes for sale, giving buyers more power while sellers need to compete for a strong come back. Exchange-Traded Funds (ETFs) | BMO Global Asset Management Buy & sell real estate with Ai at Valery.ca Get a mortgage pre-approval with Owl Mortgage Unpacking Multiplexes Tickets USE CODE 'PODCAST' free 1 week trial for Realist PremiumSee omnystudio.com/listener for privacy information.

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