Just when and why a decent income stopped being enough to buy a home in the Toronto area and many other places in Canada and just what our ever expensive markets are running on instead?

This is the second of semiregular sit downs about what John’s thinking, writing and talking to the media about this month.

00:00 Intro
02:04 How Did Average Home Prices Spike So Much Higher Than Average Incomes?
03:44 The Argument for ‘Cheap & Easy Credit’ Being the Cause of Home Price Inflation
06:27 Why The ‘Easy Credit’ Argument Doesn’t Really Make Sense
09:30 How Capital via Larger Downpayments is Pushing Home Prices Up Instead
12:49 Where is the Capital for Housing Coming From?
15:48 Why ‘Cheap’ Credit Since 2008 is Not the Only Factor
19:12 How Home Prices Spike After 2015/16 Has Led to a Crisis
23:16 How Canada’s ‘Social Contract’ Around Housing is Now Broken
27:25 What Would John Do About the Housing Affordability Crisis Now?

Contact Us

To contact John Pasalis, Broker and President of Realosophy Realty:
Book a free consult: https://www.movesmartly.com/meetjohn
Email: [email protected]
Twitter: @JohnPasalis

To contact Urmi Desai, Editor of Move Smartly:
Email: [email protected]
Twitter: @MoveSmartly

About This Show
Move Smartly is powered by Realosophy Realty Inc. Brokerage in Toronto, Ontario.

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