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Affordable Housing Initiatives, Mortgage Trends, and BC Rent Caps in Episode 59
Episode 59

Affordable Housing Initiatives, Mortgage Trends, and BC Rent Caps in Episode 59

Ontario Mortgage & Real Estate Insights Podcast · Sandy MacKay, Steve Hamoen

August 27, 202414m 49s

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Show Notes

This episode begins with a welcome and introduction. It discusses the federal government's public lands bank initiative aimed at increasing affordable housing. It compares the housing plans of the Conservative and Liberal parties. Updates on the Liberal-NDP supply and confidence agreement and the recent cabinet retreat are provided. The episode examines how labor disputes are influencing inflation and Canada's housing crisis. Key issues discussed at the cabinet retreat and a summary of Liberal housing goals are highlighted. Trends in mortgage choices, including reluctance towards variable rates and the impacts of the stress test, are explored. A discussion with Bob Kelly covers the potential benefits of longer mortgage terms in Canada. (0:00) Welcome and introduction (0:23) Federal government's public lands bank initiative for affordable housing (2:49) Housing plans: Conservative vs. Liberal perspectives (3:35) Updates on Liberal-NDP supply and confidence agreement and cabinet retreat (4:11) Labor disputes' influence on inflation and Canada's housing crisis (6:18) Key issues at the cabinet retreat and summary of Liberal housing goals (7:21) Trends in mortgage choices: Variable rate reluctance and stress test impacts (10:07) Discussion with Bob Kelly on longer mortgage terms in Canada (12:42) British Columbia caps rent increases (14:29) Conclusion and sign-off