Move Smartly: The Podcast

In today's episode, John talks to Murtaza Haider about rent controls in Canada and their potential impact on rental supply. Murtaza is a professor of Data Science and Real Estate Management at Toronto Metropolitan University. In the lively chat, we discuss why Ontario has seen very little growth in rental housing even though the new rental supply is not rent controlled. We also discuss the differences in approach to rental housing between North American and European economists and governments. North Americans lean more towards a free market approach to rental housing, while Europeans have coupled adequate rental supply while maintaining policies that protect tenants. Today's show links: Watch this episode on our YouTube channel: https://www.youtube.com/movesmartly Ricardo Tranjan in the Toronto Star: https://www.thestar.com/opinion/contributors/rent-controls-work-they-don-t-reduce-housing-supply-but-they-do-limit-profit/article_77ca720a-dfd5-11ee-982b-3ba3433ea220.html Murtaza Haider in the Financial Post: https://financialpost.com/real-estate/rent-controls-hurt-rental-supply Rent Controls, Rental Prices and Rental Supply - CMHC Summary https://tinyurl.com/2efscwuw Study of the Impacts of Rent Control Policies - CMHC Report https://tinyurl.com/458svhzj Follow Murtaza Haider on Twitter: @regionomics Contact Us John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: [email protected] | Twitter: @JohnPasalis Urmi Desai, Editor/Host, Move Smartly | Email: [email protected] | X-Twitter: @MoveSmartly 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. If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!

As they head off low polling numbers ahead of next year's election, Canada's governing Liberals have released a federal budget largely focussed on Canada's housing availability and affordability crisis. Urmi and John discuss the background and efficacy of the many measures proposed including: subsuming immigration policy and targets to housing realities, an increased capital gains tax that will hit some housing investors, an extended ban on foreign buyers, and a pile of supply-side policies that is aimed at yielding a net 2 million new homes by 2031. What - if anything - will actually work? Today's Show Links: The Liberal Government Federal Budget 2024: https://budget.canada.ca/2024/home-accueil-en.html The Liberal Government's 2024 Housing Policy "Solving the Housing Crisis: Canada's Housing Plan": https://www.infrastructure.gc.ca/housing-logement/housing-plan-logement-eng.html CMHC Housing Affordability Report: https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/housing-research/research-reports/accelerate-supply/housing-shortages-canada-solving-affordability-crisis John discusses the Federal Liberal Government 'Renter Bill of Rights': https://youtu.be/nZSipNZ6iZc?si=0hXsNGDxugrQEe6p John discusses the Federal Government's Extension of Mortgage Terms to 30Y for First-Time Buyers of New Builds: https://youtu.be/OersDqVRNWg?si=71Y_mZ2IUWFHKUQ0 Connect with Us: John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: [email protected] | Twitter: @JohnPasalis Urmi Desai, Editor, Move Smartly | Email: [email protected] | X-Twitter: @MoveSmartly 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 and every podcast episode on our MoveSmartly YouTube channel: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please share, subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!

Each month, John Pasalis (Realosophy Realty) presents his latest data and top stories on Toronto area real estate in conversation with Urmi Desai (Move Smartly Editor) and guests, including Realosophy agents and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the conversation live and make this is one of our liveliest segments! Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn Sign up for our email list to be alerted to the next online market update to join our session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar Today's show links: John's latest market report for April with latest data on MoveSmartly.com:https://www.movesmartly.com/monthly-report-2024-april Dave's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/why-the-bank-of-canada-probably-wont-talk-about-rate-cuts-this-week Canada announcement for 30Y mortgages for first-time buyers of new homes: https://www.bnnbloomberg.ca/canada-to-allow-30-year-amortization-for-first-time-buyers-mortgages-on-new-homes-1.2057988 Bob Farrell's 10 rules for investing: https://school.stockcharts.com/doku.php?id=overview%3Abob_farrell_10_rules Contact Us John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: [email protected] | X-Twitter: @JohnPasalis David Larock, Mortgage Broker and Analyst and Realtor | Email: [email protected] | X-Twitter: @Dave_at_IMP Urmi Desai, Editor, Move Smartly | Email: [email protected] | X-Twitter: @MoveSmartly 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 and every podcast episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!

It's Toronto-Vancouver real estate roundtable time with Urmi, Steve and John! After the egg hunts, we're left in that weird grey area, both weather-wise and in our real estate markets - John and Steve take us through the latest stats and on the ground realities. Also: when will interest rates start to fall and how will this impact the market and investors? Plus, the Liberal federal government, in full election mode, are now throwing around out policy announcements every day - which ones, from reductions in non-permanent resident numbers to a new renter bill of rights will actually make a difference? Contact Us Follow Steve on X-Twitter @SteveSaretsky; Email at: [email protected] Follow John on X-Twitter @JohnPasalis; Email at: [email protected] Follow Urmi on X-Twitter @MoveSmartly; Email at: [email protected] About This Roundtable Series Each month, Move Smartly.com editor, Urmi Desai, talks to John Pasalis, Housing Analyst, Broker and President of Realosophy Realty in Toronto, and Steve Saretsky, Housing Analyst and Realtor at the Oakwin Realty Group at Oakwin Realty in Vancouver about the latest data and on-the-ground insights in Canada's biggest residential RE markets. (Thanks to Jesse Bains, now at Linked In News, for kicking off this series at Yahoo Finance originally!) 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 If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!

We are back with our popular consumer Q/A segment, 'The Situation'! Urmi once again asks John to respond to the detailed questions you send in about the real estate decisions you are making as you navigate through the Toronto area housing market. Today, we hear from a family who wonders if they should take advantage of the opportunity to buy the home they are renting from their landlord, a reluctant investor who wonders whether he should rent out his newly built condo or sell it and a home owner who wonders whether garden suites/laneway homes add value to a property? Links for today's show: Kyle Lamothe, Tax Lawyer: https://www.thor.ca/lawyers/kyle-lamothe/ If you would like to send in your questions to be featured on a future episode, please email [email protected] If you have a more specific or particular real estate situation to discuss with John and his team at Realosophy Realty, connect with John at movesmartly.com/meetjohn Watch this episode on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly Connect with Us John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: [email protected] | Twitter: @JohnPasalis Urmi Desai, Editor, Move Smartly | Email: [email protected] | X-Twitter: @MoveSmartly 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. If you enjoy our show and find it useful, please share, subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!

In today's episode, Urmi talks to Gregor Craigie, journalist, Host of 'This Island' on CBC Radio One in Victoria, and author of the new book, "Our Crumbling Foundation: How We Solve Canada's Housing Crisis." Gregor's new book looks at the very human stories of those living out Canada's housing crisis across the country and hopeful examples of policies from around the world that may help address it. In our chat, we talk about the diversified faces of the crisis from young families priced out of Vancouver, newcomer home buyers getting into financial trouble in the Toronto area, renters being priced out of Montreal, and those living permanently in RVs in Nova Scotia. We also discuss how successful stories of infill supply expansion found in other global cities might be problematic to realize in Canada, the role immigration has played in the crisis and how we might better hold our politicians to account about our housing crisis. Today's show links: Gregor Craigie's new book, "Our Crumbling Foundation": https://www.penguinrandomhouse.ca/books/736870 Contact Us Gregor Craigie, Author, Our Crumbling Foundation | X-Twitter: @GregorCraigie Urmi Desai, Editor/Host, Move Smartly | Email: [email protected]| X-Twitter: @MoveSmartly 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. If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!

In this month's live market update, John presents the latest data and reviews top stories for the month. David Larock, Move Smartly's expert mortgage broker, talks about upcoming 5-year mortgage renewals rates will impact the housing marketing and economy at large as borrowers encounter higher rates than they locked in 5 years ago. As usual, Urmi asks the audience questions coming into our online chat along the way! Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn Sign up for our email list to be alerted to the next live market update to join this session online: https://www.movesmartly.com/monthly-public-webinar Today's show links: Watch this episode on our YouTube channel: https://www.youtube.com/live/yA6IOBOpgLw?si=iywfL0boI9wVcjS0 John's latest market report for March with latest data on MoveSmartly.com:https://www.movesmartly.com/monthly-report-2024-march Dave's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/the-longer-the-first-rate-cut-takes-the-lower-our-variable-mortgage-rates-will-go Contact Us John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: [email protected] | X-Twitter: @JohnPasalis David Larock, Mortgage Broker and Analyst and Realtor | Email: [email protected] | X-Twitter: @Dave_at_IMP Urmi Desai, Editor, Move Smartly | Email: [email protected] | X-Twitter: @MoveSmartly 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. If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!

It's time for our March Toronto-Vancouver real estate roundtable with Urmi, Steve and John! As both the market heats up, John and Steve assess whether anticipated interest rate declines later this year will actually happen and how it will impact the real estate market. Also, an audience question asks whether a slump in the construction sector on which the Canadian economy is so dependent may lead to a recession. Plus Urmi asks John and Steve to assess whether some of the many new housing measures suddenly being thrown at the housing affordability crisis are helping or hurting. You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly Follow John on Twitter @JohnPasalis; Email at: [email protected] Follow Steve on Twitter @SteveSaretsky; Email at: [email protected] 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. To set-up a personal meeting with John Pasalis to discuss your own real estate questions privately, visit: https://www.movesmartly.com/meetjohn Follow us and send us your questions and feedback about the show via Twitter @MoveSmartly, Instagram @move.smartly, or email: [email protected] If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from - thank you!