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.
Exploring Multifamily Growth: Insights from Alberta to Austin and Beyond
In this episode, Sandy MacKay welcomes listeners and provides updates on the Canadian housing market, focusing on recent legislative measures. The discussion shifts to examine growth trends in Alberta and Austin's multifamily markets, highlighting key factors driving these developments. Sandy delves into insights on substantial investments in multifamily real estate, offering a perspective on their significance and potential returns. The episode also explores broader trends in North American multifamily markets, identifying patterns and opportunities for investors. Sandy concludes with closing remarks, summarizing the episode's insights and expressing gratitude to the audience.
Key Points
- Despite a four percent increase in housing starts in Canada during the first half of 2024, the growth is not sufficient to match the rapid population increase.
- Ontario's Bill 23 aims to increase housing availability by allowing up to three units per lot without rezoning, yet Toronto still experienced a decline in housing starts.
- Austin's multifamily market demonstrates resilience and growth, providing a potential blueprint for Canadian cities to enhance their housing strategies through strategic planning and substantial financial backing.
Chapters
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Transcript
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