Brian Crombie Radio Hour - Epi 1699 - Power of Sale & Canada’s Housing Crisis: Why Our Housing Plan Isn’t Working

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Brian Crombie Radio Hour - Epi 1699 - Power of Sale & Canada’s Housing Crisis: Why Our Housing Plan Isn’t Working

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What happens when homeowners can no longer keep up with their mortgage—and why are so many Canadians under increasing financial pressure? Brian Crombie is joined by Toni Henriques and Margarita Romero of RE/MAX Premier Inc. to explain power of sale, the warning signs homeowners should watch for, and why acting early can make all the difference. They discuss rising mortgage costs, job uncertainty, private lending, debt and the difficult personal circumstances that can push homeowners toward financial distress. Brian then looks at the bigger picture: Why aren’t we building enough homes? Approvals and housing targets mean little if projects can’t actually be financed, built and occupied affordably. Brian examines development charges, construction costs, land, financing, regulations, transit-oriented development and the need for more family-sized and rental housing. The key question: Are governments measuring housing announcements—or actually measuring homes built and completed? Because an approval isn’t a home. A target isn’t a home. A home exists when someone can build it and someone can afford to live in it.

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