logo
episode-header-image
Jul 2021
17m 37s

Family wealth, bidding wars, interest ra...

THE GLOBE AND MAIL
About this episode

Soaring house prices have made it harder to afford a house in Canada than it’s been in three decades, with experts blaming everything from low interest rates to blind bidding to intergenerational wealth transfers.

So how do you cool the housing market? Rachelle Younglai covers real estate for The Globe and Mail, and she’ll explain how we got here, why the measures taken by governments so far haven’t helped, and what else could be done to get prices under control.


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Up next
Today
The cash-strapped, disorganized fight to keep Alberta in Canada
Albertans will head to the polls in just over a month, on Oct. 19, to vote in a referendum. There are 10 questions, but the one that’s garnering the most attention is the question about separation: do they want to remain in Canada, or hold another referendum on whether to separat ... Show More
25m 30s
Yesterday
The office is back (at least in Canada’s financial hub)
Headlines about vacant office buildings and deserted downtowns is old news. The return to office, in downtown Toronto especially, is back on. Vacancy rates have plummeted, commute-fuelled traffic is up and businesses are scrambling to find more space for their workers.Globe repor ... Show More
22m 59s
Sep 14
Carney pitches Canada to the world’s biggest investors
Starting today, 300 big-money investors are descending upon Toronto to take part in the inaugural Canada Investment Summit. Prime Minister Mark Carney will try to convince them to fund development projects in the country, such as oil and gas pipelines, critical mineral mines and ... Show More
24m 10s
Recommended Episodes
Jul 2022
Where will Prices Go? An Update on the Canadian Housing Market
The Bank of Canada’s monetary policy supporting decades of low interest rates has been a strong tailwind for the Canadian housing market. Coupled with robust demand for all types of housing - driven by demographic trends and ambitious immigration policies, Canadian house prices r ... Show More
11m 11s
Jan 2020
Making Sense of Statistics Reported In The News
<p>Today the Wall Street Journal reported that we could be facing a synchronized slowdown in home prices. On today’s show we’re talking about how to make sense of the conflicting data out there. But what’s reported in the news for individual home owners is very different from wha ... Show More
5m 31s
May 2023
20 - What Happens When the Housing Supply Doesn't Meet Demand
Description: How have aggressive interest rate hikes impacted the housing markets in both Canada and the US? And how will stable rates impact current housing affordability? BMO Senior Economists Sal Guatieri and Robert Kavcic discuss corrections, market stability, and signs of a ... Show More
27m 7s
Jun 2025
There Are Now Half a Million More Home Sellers Than Buyers
House hunters have struggled with mortgage rates above 6.5%, stubbornly high home prices and low inventory — but now, they may finally have the upper hand. Wall Street Journal reporter Nicole Friedman joins host Julia Carpenter to talk about what the changing number of buyers and ... Show More
8m 29s
Nov 2020
Foreign Investment and the Housing Crisis
<p>In cities across Canada, the US and other parts of the world, the cost of living continues to rise -- and housing becomes increasingly unaffordable. Rental rates outpace inflation. Owning a home becomes virtually impossible for millions. Economists have debated the usual cause ... Show More
1h 17m
Sep 2025
Home is where the debt is
Is the dream of home ownership slipping out of reach for many Americans? Prices are climbing, supply can’t keep up with demand, and high interest rates are keeping sellers on the side-lines.Tariffs and rising construction costs are squeezing builders too, piling more pressure on ... Show More
17m 31s
Dec 2023
VREP #401 | Mortgage Pain & the Canadian Lending Landscape with Andy Hill
Canada&#39;s mortgage market this past year faced high interest rates, a stress test that crippled buyer affordability, and new mortgage rules that further impacted financing options and credit lines for Canadians. It was not a great year for finding money and a stressful one for ... Show More
56m 57s
Jun 2022
Why Is It So Hard to Buy a House in America Right Now?
<p><i>This episode contains strong language.</i></p><p>When Drew Mena and Amena Sengal decided to relocate their young family from New York to Austin, Texas, they figured they’d have no problem.</p><p>What they hadn’t realized was that, across the country, home prices — and compe ... Show More
30m 52s