Housing bubble and bust: can lower prices be the chance to fix housing affordability?

Jeremy Withers, senior researcher with the University of Toronto's New Housing Alternatives, sits down with Nikki to find out more about the causes of the 2020-2022 housing market bubble, its big pop in 2022 and the price collapse still going on in Toronto four years later. Jeremy shares his thoughts about government responses to the condo crisis in Toronto and Vancouver and falling home ownership rates as big investors take control of the housing stock. Also, Nikki and Tom talk about the on-going chaos in the BC Conservative Party, Marit Stiles' by-election success and the opening weeks of the Quebec provincial election. Support the show