Episode 10
Condo management challenges, rising fees, and Ontario's housing crisis
Ontario Mortgage & Real Estate Insights Podcast · Sandy MacKay, Steve Hamoen
July 4, 202418m 19s
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Show Notes
This episode covers rising condo fees, a shortage of qualified condo managers, and the impact of regulatory changes on condo management. It also discusses significant property losses in the GTA, a report on home sales, a survey about housing costs, Ontario's rent cap, and Toronto's affordable housing investment.
(0:00) Welcome and episode introduction
(0:22) Rising condo fees and shortage of qualified condo managers
(1:45) Regulation changes and impact on condo management
(3:13) Challenges in hiring qualified managers
(5:36) Significant property losses in the Greater Toronto Area
(7:21) Canadian Real Estate Association's report on home sales
(8:48) Survey on Ontarians considering leaving due to housing costs
(11:19) Ontario's rent cap announcement
(13:41) Toronto City Council's investment in affordable housing
(17:28) Conclusion and wrap-up