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Why the condo bubble burst could lead to better housing
Manage episode 517975548 series 2922784
Content provided by The Globe and Mail and The Globe. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Globe and Mail and The Globe or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
For more than a decade, Canada’s condo boom was on. Investors, at home and abroad, drove the craze over reselling preconstruction units. Rents skyrocketed, all while the condos themselves shrank in size. Today, the bubble has burst and the housing crisis continues. New condo sales in markets like Toronto and Hamilton are at 35-year lows and prices are driving potential homebuyers out of the city core. Is this actually an opportunity for developers to course correct to find “the missing middle?”
Erica Alini, personal economics reporter for The Globe, explains why shoebox condos have been so appealing for North American developers, why the market for them has cratered and what needs to change to build cities with higher density at a liveable scale.
Questions? Comments? Ideas? E-mail us at [email protected]
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
1143 episodes
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Manage episode 517975548 series 2922784
Content provided by The Globe and Mail and The Globe. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by The Globe and Mail and The Globe or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
For more than a decade, Canada’s condo boom was on. Investors, at home and abroad, drove the craze over reselling preconstruction units. Rents skyrocketed, all while the condos themselves shrank in size. Today, the bubble has burst and the housing crisis continues. New condo sales in markets like Toronto and Hamilton are at 35-year lows and prices are driving potential homebuyers out of the city core. Is this actually an opportunity for developers to course correct to find “the missing middle?”
Erica Alini, personal economics reporter for The Globe, explains why shoebox condos have been so appealing for North American developers, why the market for them has cratered and what needs to change to build cities with higher density at a liveable scale.
Questions? Comments? Ideas? E-mail us at [email protected]
Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.
1143 episodes
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Similar to The Decibel
Our flagship daily news show, where we talk to in-house experts about what is going on and why you need to care about it.
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continue reading
The Jacaranda FM News team is based in Gauteng – but covers local and international news of the day, providing the latest developments online and on-air. News bulletins run from 5am to 7pm weekdays, and from 7am to 6pm on weekends and public holidays. Tune into Jacaranda FM, or log on to www.jacarandafm.com, for the news you need to know.. now.
…
continue reading
KQED's statewide radio news program, providing daily coverage of issues, trends, and public policy decisions affecting California and its diverse population.
…
continue reading
Politics these days can seem like one big shouting match. Catherine Cullen cuts through the noise. Every Saturday she makes politics make sense, taking you to Parliament Hill and across Canada for in-depth interviews, documentaries and analysis of the week’s news — from across the political spectrum. Because democracy is a conversation, and we’re here for it.
…
continue reading
Post Reports is the daily podcast from The Washington Post. Unparalleled reporting. Expert insight. Clear analysis. Everything you’ve come to expect from the newsroom of The Post, for your ears. Martine Powers and Elahe Izadi are your hosts, asking the questions you didn’t know you wanted answered. Published weekdays around 5 p.m. Eastern time.
…
continue reading
Wrap your day with the world’s biggest stories. We set the bar on the daily news catch-up, going deeper on news stories that speak to the moment. An evening news podcast updated seven days a week, from CBC News. Sort out what's real, what's relevant and what’s truly new, from a Canadian perspective, with hosts Susan Bonner and Stephanie Skenderis. Context, analysis and surprise — all in about 25 minutes.
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continue reading
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…
continue reading
NPR's Up First is the news you need to start your day. The three biggest stories of the day, with reporting and analysis from NPR News — in 10 minutes. Available weekdays at 6:30 a.m. ET, with hosts Leila Fadel, Steve Inskeep, Michel Martin and A Martinez. Also available on Saturdays at 9 a.m. ET, with Ayesha Rascoe and Scott Simon. On Sundays, hear a longer exploration behind the headlines with Ayesha Rascoe on "The Sunday Story," available by 8 a.m. ET. Subscribe and listen, then support y ...
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continue reading
Democracy Now! is an independent daily TV & radio news program, hosted by award-winning journalists Amy Goodman and Juan González. We provide daily global news headlines, in-depth interviews and investigative reports without any advertisements or government funding. Our programming shines a spotlight on corporate and government abuses of power and lifts up the stories of ordinary people working to make change in extraordinary times. Democracy Now! is live weekdays at 8am ET and available 24/ ...
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Today, Explained is Vox's daily news explainer podcast. Hosts Sean Rameswaram and Noel King will guide you through the most important stories of the day. Part of the Vox Media Podcast Network.
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continue reading
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