Housing Starts Disfunction? Housing Viagra? realestatenews cbcnews canadianrealestate citytv [zn0MYdgDzXT]
| 1h 28m 28s | Video has closed captioning.
Full Video: Home Search Victoria, Duncan, Nanaimo, Port Alberni, Campbell River, and everywhere else on Vancouver Island In this episode of Patrick and BJ Talk Real Estate, we dive into the ongoing housing crisis and why it seems like we're stuck in a cycle of progress and setbacks. Government actions, like cutting sales taxes on new rental housing, give some hope, but bureaucracy and surging development charges (DCs) are hitting hard. With Development Cost Charges in Toronto rising by a shocking 993% since 2010, taxes and fees are now a major factor in the cost of new homes. On top of that, red tape and long approval timelines are preventing housing from being built when we need it most. Builders and home buyers are feeling the strain, and affordability is getting further out of reach. At the recent RESCON housing summit, industry voices stressed the urgency of fixing this broken system. Yet, city officials still downplay the impact of government fees and regulations on housing costs. It’s clear that if we don’t address these issues, Canada’s housing supply will suffer even more. Stay tuned as we break down the numbers, share insights from the industry, and discuss what needs to change for real progress in Canada’s housing market. Whether you're looking to buy or sell real estate in the Greater Victoria Area or anywhere on Southern Vancouver Island, we're here to help. Not in our market? No problem! We can connect you with a trusted real estate professional in your area. 💬 Join the conversation! Are you a forever renter? Do you still dream of buying your own home? Drop a comment below! Patrick Novotny, Realtor, exp Realty 📱 Call or Text: 250-858-0288 📨 Email: [email protected] BJ Brahmacharie, Realtor, The Agency 📱Call/Text 250-415-8667 📨 Email: [email protected] #InterestRates2024 #RealEstatePredictions #MortgageExpert #EconomicAnalysis #mortgagerenewal #realestatenews #realestateanalysis #RealEstateInvestment #bchousing #canadianhousingmarket #housingmarketcrash #condomarket #HousingMarketChanges #CanadianHousingMarket #RealEstateTrends #HousingMarketCrash #Investing #RealEstateAnalysis #bnnbloomberg #ctv #ctvnews #cbcnews #cbc #DavidEby #SpeculationTax #VacancyTax #BCHousingCrisis #AffordableHousing #RealEstate #PatrickAndBJ #CanadianRealEstate #HousingMarket #PropertyTax #male plus enhancement tea #cbd gummies for ed review #newest male enhancement #beet juice male enhancement
Aired: January 05, 2025
Buy Now:
Problems Playing Video? | Closed Captioning