Why no one can afford a home in Canada right now
Ron Butler, principal of Butler Mortgage, discusses Canada's housing crisis. He analyzes the ongoing price correction in major markets, the collapse of investor-driven "dog crate condos," and rising mortgage defaults as pandemic-era rates reset. He argues that regulatory barriers, development fees, and the Greenbelt prevent new construction, while policy responses prioritize protecting existing homeowners over affordability for young Canadians. He also explores how Canada's housing market became financialized and whether fundamental reforms are politically feasible. The Hub is Canada’s fastest growing independent digital news outlet. Subscribe to The Hub’s podcast feed to get all our best content: https://tinyurl.com/3a7zpd7e (Apple) https://tinyurl.com/y8akmfn7 (Spotify) Watch a video version on YouTube: / @thehubcanada Follow The Hub on X: https://x.com/thehubcanada?lang=en CREDITS: Amal Attar-Guzman - Producer and Video Editor Elia Gross - Sound Editor Rudyard Griffiths - Host
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