The Home Ownership Collapse? Could CRE by the New First Home Market?

In this episode, Steve Hamoen kicks off with an overview of current trends in the commercial real estate (CRE) landscape. He delves into the pressing affordability crisis and its repercussions on the sector. The conversation transitions to examining investment opportunities in both Toronto and the U.S., highlighting key areas for potential growth. Steve also explores how shifting renter demographics are impacting retail spaces and redevelopment projects. The episode further investigates the flow of institutional capital within the Greater Toronto Area. Additionally, Steve discusses the structural shifts occurring in the housing ecosystem. The episode wraps up with Steve's closing remarks and a call to action for listeners. (0:00) Introduction and overview of CRE trends (0:38) Affordability crisis and its effects on Commercial Real Estate (2:43) CRE investment opportunities in Toronto and the U.S. (4:08) Renter demographics influencing retail and redevelopment (5:08) Institutional capital movement in the Greater Toronto Area (5:36) Structural shifts in the housing ecosystem (6:16) Closing remarks and call to action