Multifamily Real Estate Insights Podcast
The Real Estate Multifamily Insights Podcast is your trusted source for news, strategies, expert interviews, and actionable tips to grow your wealth through multifamily real estate, in Canada and beyond. Hosted by seasoned investor Sandy Mackay.
Rental Rate Trends, Rent Control Impacts, and Multifamily Insights in Canadian Real Estate
Sandy MacKay begins the episode by discussing rental rate increases and the challenges of affordability in Canadian housing. The conversation then shifts to rent control and its impact on rental rates, with a specific focus on Alberta. Sandy delves into the Canada Mortgage and Housing Corporation's policies, examining potential alternatives to rent control. The episode also offers insights into commercial real estate, highlighting the performance of multifamily properties. Closing remarks wrap up the discussion, providing listeners with a comprehensive view of the current state of multifamily real estate in Canada.
Key Points
- Affordable housing in Canada requires innovative solutions and increased supply, particularly in purpose-built rentals, to address the crisis effectively.
- Rent control policies often fail to tackle the root causes of unaffordability and can deter investment in both maintenance and new housing projects.
- Tools like Canada Mortgage and Housing Corporation's MLI Select program are encouraging new construction by offering favorable financing terms for projects meeting affordability and energy efficiency standards.
Chapters
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Transcript
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