Transcribed

Brian Crombie Radio Hour - Epi 1194 - Rental Market in the GTA with Jonathan Diamond

Jul 31, 2024 · 50m 5s
Brian Crombie Radio Hour - Epi 1194 - Rental Market in the GTA with Jonathan Diamond
Description

Brian interviews Jonathan Diamond. Jonathan is a principal at Well Grounded Real Estate. Jonathan talks about the Rental Market in the GTA right now. Toronto saw an enormous proliferation of...

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Brian interviews Jonathan Diamond. Jonathan is a principal at Well Grounded Real Estate. Jonathan talks about the Rental Market in the GTA right now. Toronto saw an enormous proliferation of apartment development in the 1950s and 1960s. However, since then, we have developed very little purpose-built rental housing, with condo construction representing the bulk of new multiunit product. This shift in the market, together with our population growth, has resulted in the current rental crises. The only way developers can afford to build rental projects is hiking up the rent. That’s a problem.
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Author NEWSTALK Sauga 960 AM
Organization NEWSTALK Sauga 960 AM
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