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Ontario Market Update, Federal Housing Strategy, and Mortgage Affordability Tips
Manage episode 432271644 series 3584094
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This episode begins with a welcome and an update on the Ontario real estate market. It covers the federal investment and strategy for affordable housing in Toronto. The episode delves into CMHC's Frequent Builder framework and provides an analysis of the short-term rental market. A discussion follows on the potential for converting short-term rentals into long-term housing. Insights into the Calgary real estate market are shared. The episode discusses mortgage affordability and debt ratios on a $100,000 salary. It concludes with practical tips for mortgage affordability and closing remarks. (0:00) Welcome and Ontario real estate market update (2:07) Federal investment and strategy for affordable housing in Toronto (6:28) CMHC's Frequent Builder framework and short-term rental market analysis (9:10) Discussion on short-term rentals and their conversion to long-term housing (11:13) Calgary real estate market insights (12:57) Mortgage affordability and debt ratios on a $100,000 salary (17:32) Tips for mortgage affordability and closing remarks
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