Episode #113 | 🇨🇦 Is Mark Carney’s HOUSING Plan a Total Pipe Dream 💭? | Toronto Real Estate
Description
In this episode of the Toronto Real Estate Podcast, Ralph Fox dives into the federal government's latest promise to double Canadian housing starts to 500,000 per year through a new crown corporation: Build Canada Homes.Will $25 billion in modular home funding really fix our housing crisis? Or is this another billion-dollar boondoggle waiting to implode?From the failure of FEMA’s prefab homes in the U.S. to the disasters of TCHC, Crosstown, and the Hamilton micro-shelters scandal—Ralph walks through case after case of why government-run housing plans often don’t work. He explores the labour shortages, supply chain limitations, and sheer logistical impossibility of pulling off a plan of this magnitude.This isn’t a rant—it’s a reality check. And it’s a must-watch for anyone serious about understanding the real factors behind Canada’s housing crisis (and why well-intentioned plans can still go disastrously wrong).
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Speakers:
Ralph Fox (Co-Founder and Broker of Record at Fox Marin)