Canada’s Condo Conundrum
00:00 – Introduction
02:57 – Context
04:12 – Regional Issues
05:54 – Factor: Population Decline
08:25 – Factor: Interest Rates
10:19 – Factor: Economic Slowdown
11:00 – The Condo Factor
13:06 – Condo Investors
15:16 – The Condo Fallout
17:43 – Government Intervention
18:42 – The Supply Problem
22:13 – Conclusion
Canada’s condo market has experienced a record-breaking downturn. Today, we dive into what’s driving the sell off, and what it means for the market.
DISCLAIMER:
This channel is for education purposes only and does not constitute financial advice – Richard is not responsible for investment actions taken by viewers. Please seek out a registered advisor if you require assistance (while Richard is a registered portfolio manager at WDS Investment Management, he does not provide advice through The Plain Bagel, which is not affiliated with his employer). Richard makes no warranties regarding the accuracy of data included in this video.
