Are The Golden 🥇 Years Of Toronto Condos Over For Good 🫢? Toronto Real Estate Podcast скачать в хорошем качестве

Are The Golden 🥇 Years Of Toronto Condos Over For Good 🫢? Toronto Real Estate Podcast

Toronto’s pre-construction condo market is officially in crisis. Is this the end of the golden age for investors, or the reset the city desperately needed? In this episode of the Toronto Real Estate Podcast, Ralph Fox sits down with Ben Myers, President of Bullpen Research & Consulting, to unpack what is really happening behind the headlines. From record pre-construction failures to record completions, from broken project pro formas to stalled launches, this conversation goes deep on what it means for buyers, sellers, renters and small-scale investors across the GTA. Ben explains why the pre-construction model in Toronto is “broken,” how we got here after a 27-year bull run, and why a severe supply crunch is already being baked into 2028 and beyond. They break down the massive spread between resale and pre-construction prices, the impact of taxes and development charges, why declines in land and construction costs are not enough, and why over 30 percent of a new condo price is effectively government fees. You will also hear a candid discussion about purpose-built rentals, CMHC programs, rent control risks, unit-size myths, family housing, immigration policy, and why earning 250K a year in Toronto still does not guarantee home ownership. Most importantly, Ralph and Ben look ahead to 2026, 2028 and the early 2030s to map out what a realistic recovery could look like for Toronto real estate. If you are a Toronto buyer, investor, landlord, developer, or simply trying to understand where this market is headed, this episode is required viewing. If you find this valuable, hit like, subscribe to the Toronto Real Estate Podcast, and drop your questions in the comments. Your feedback helps us bring more data-driven conversations with industry insiders like Ben Myers. 🔍 Where to find Ben? Ben Myers, President Bullpen Research & Consulting Inc. www.BullpenConsulting.ca 416 716 2096 X: @BullpenConsult CHAPTERS 0:00 – Intro and who is Ben Myers 0:54 – How broken is Toronto’s pre-construction condo market? 3:42 – The disconnect between resale prices and pre-construction prices 7:05 – Taxes, fees and the true cost of a new Toronto condo 11:37 – Record completions, overbuilding today and the 2028 supply crunch 17:05 – Are small investors ever coming back to pre-construction? 21:21 – The pivot to purpose-built rentals and CMHC’s role 29:54 – Rent control risk, politics and why supply dried up for 30 years 37:36 – Shoebox condo myth vs reality and what the data actually says 45:37 – Families, livability and why people still choose small units 48:22 – Affordability crisis even at 250K income 49:49 – Canada’s land, immigration, productivity and why housing is so slow 56:22 – Ben’s outlook for resale, pre-construction and rentals to 2032 1:02:59 – What needs to change in the pre-construction model 1:03:41 – Where to find Ben and closing thoughts Fox Marin is a boutique brokerage and content platform dedicated to delivering expert insight, strategy, and client-first service across the Toronto real estate landscape. Whether you're buying, selling, or investing, our Toronto real estate team breaks down market trends, pre-construction opportunities & listing strategies to help you navigate the Toronto real estate market with confidence. 🌐 Our Website: www.foxmarin.ca Also, remember to read our blog posts ✍️ https://foxmarin.ca/blog/ Our press releases have been featured in prominent business publications such as Toronto Life, Elle Canada, National Post, & The Globe and Mail 🗞️ https://foxmarin.ca/press/ 📞 Connect with us via: Office ☎️ – 416-322-5000 Text 📲 – 416-567-0460 General Inquiries / Press / Marketing ✉️ – [email protected] Deal Administration 📋 – [email protected] Or inquire online here 💻 – https://foxmarin.ca/contact-us/ 📍 Meet us in person at our office: Fox Marin Associates Ltd., Brokerage 489 College Street, Suite 305 Toronto, Ontario, M6G 1A5 📲 Follow us on social: Instagram 📸 https://www.instagram.com/_foxmarin/?... Facebook 👍   / foxmarin.ca   LinkedIn 💼   / dashboard