Our guest this week is Ben Rabidoux—Founder of Edge Realty Analytics and North Cove Advisors and one of the most respected voices on Canadian housing and economics. In this episode, he joins Dave to tackle some of the biggest questions facing Canada’s real estate market today.
From the condo market crash to vacancy rates for rentals to the role of HELOCs and immigration policy, Ben explains how we got here, what’s coming next and what it all means for affordability in this country. He also shares the story of catching Fortress as a fraud and offers a candid take on whether Canada is too soft on white-collar crime.
If you care about housing, affordability or the future of Canada’s economy, this episode is a must-listen.
Show Notes
(00:00) Intro & Disclaimer
(00:55) Intro to Ben Rabidoux
(02:19) Catching Fortress as a Fraud
(09:26) Is Canada Too Soft on White-Collar Crime?
(11:56) Are Rents Going to Come Down in Canada?
(15:12) How Much Do Home Prices Need to Drop to Become Affordable Again?
(16:33) The Condo Market is Hyper-Cyclical
(17:58) The Condo Market Crash
(24:34) Who Was Buying These Pre-Sale Condos?
(25:27) Where is This Condo Crisis Headed?
(28:18) The Impact HELOCs Have on Canada’s Economy
(32:51) Immigration and Its Impact on Canadian Real Estate
(38:47) A Challenge Our Government Faces Over Immigration
(41:01) The Impact of AI on Immigration Levels
(44:46) How Does Canada Fix Its Affordability Challenges?
(48:09) Conclusion
Popular Podcasts
CrimeLess: Hillbilly Heist
It’s 1996 in rural North Carolina, and an oddball crew makes history when they pull off America’s third largest cash heist. But it’s all downhill from there. Join host Johnny Knoxville as he unspools a wild and woolly tale about a group of regular ‘ol folks who risked it all for a chance at a better life. CrimeLess: Hillbilly Heist answers the question: what would you do with 17.3 million dollars? The answer includes diamond rings, mansions, velvet Elvis paintings, plus a run for the border, murder-for-hire-plots, and FBI busts.
Crime Junkie
Does hearing about a true crime case always leave you scouring the internet for the truth behind the story? Dive into your next mystery with Crime Junkie. Every Monday, join your host Ashley Flowers as she unravels all the details of infamous and underreported true crime cases with her best friend Brit Prawat. From cold cases to missing persons and heroes in our community who seek justice, Crime Junkie is your destination for theories and stories you won’t hear anywhere else. Whether you're a seasoned true crime enthusiast or new to the genre, you'll find yourself on the edge of your seat awaiting a new episode every Monday. If you can never get enough true crime... Congratulations, you’ve found your people. Follow to join a community of Crime Junkies! Crime Junkie is presented by audiochuck Media Company.
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.