If Affordability is the Goal, Why Are Some Panicking That Home Prices and Rents Are Finally Falling?
Description
Today, Move Smartly editor Urmi Desai discusses a key hot topic in Canadian real estate with co-host John Pasalis of Realosophy Realty in Toronto.
In the last few years, we have been told by experts and advocates that removing all barriers to supply — including taxes, zoning and other government regulations — is the key to restoring housing affordability as builders will build, build, build enough homes to restore supply and demand balance — resulting in falling prices. But now that home prices and rents are finally falling in Ontario and BC, housing starts have come to a standstill. Why do we believe developers would keep building amidst falling prices?
Follow John x-twitter: https://x.com/JohnPasalis, Instagram @john.pasalis or email: askjohn@movesmartly.com
Follow the show on x-twitter: @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com
About This Show
The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada.
You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly
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