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Ep. 21 - Are Condo Investors to Blame for Toronto's Shrinking Market?
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In this episode of The Last Honest Realtor podcast, host David Fleming tackles a hot topic: Have condo investors ruined Toronto’s condo market? With a recent Toronto Star article sparking debate, David offers his unbiased analysis of the claims that investors are to blame for shrinking condo sizes and rising housing costs. Diving into the complex dynamics of Toronto's real estate market, he examines whether investors are truly at fault or if there are bigger factors at play.
Drawing from his years of experience in Toronto’s real estate market, David breaks down key points from the article, explores the role of developers and government policy, and challenges the popular narrative that investors are the root of the issue.
In This Episode:
- Analyzing the Toronto Star article on condo investors
- How shrinking condo sizes are linked to market demands
- The role of developers vs. investors in Toronto’s condo market
- Public sector’s influence on housing availability
- How government policies and taxes shape the real estate market
Timestamps:
00:00 - Introduction
00:05 - How many farms did you visit over Thanksgiving?
01:03 - Overview of the Toronto Star article: “The Condo Catch”
05:03 - Are investors shrinking condo sizes?
08:48 - The impact of taxes on condo development
16:28 - Housing affordability: Is the public sector doing enough?
29:52 - Conclusion: Condo investors—scapegoat or solution?
Don’t Miss:
- David’s critical take on the role of investors in Toronto’s condo market
- Why the housing crisis might have more to do with government policy than condo investors
- An in-depth look at the condo market and the broader implications for Toronto's housing future
Subscribe to The Last Honest Realtor on YouTube or your favorite podcast platform. Like, comment, and share your thoughts—what do you think about condo investors and the current housing market?
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