What are Development Charges (DC's) and what is the actual impact on housing & the economy. We are also joined by Matt Young of Republic Developments as an expert and advocate of DC's.

• Development charges are fundamental fees collected from developers to fund municipal infrastructure⁠⁠​
• These charges have risen dramatically and are significantly impacting housing affordability⁠⁠​
• The government is a major beneficiary, collecting substantial revenue through various taxes and fees on new home construction⁠
• ⁠​High development charges actively discourage builders from constructing new homes, affecting housing supply⁠⁠

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You may have heard of them, or maybe as a landlord, you've tried one, or as a tenant you’ve been on the receiving end of a renoviction. Thats renovation + eviction = renoviction. But what are they & why are we hearing so much about them right now.

• Good Faith Vs Bad Faith Renovictions
• The laws and bylaws being passed around the country
• Rent Control Vs. Vacancy Decontrol
• The case for Landlords & Tenants

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Nick

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Dan

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The Canadian real estate market showed significant recovery in October 2024, with home sales reaching their highest level since April 2022 and we hear from our host across the country for boots on the ground updates

• Market conditions vary by region, with Edmonton and Montreal emerging as the hottest markets while Toronto's condo market faces challenges⁠
• Key highlights:National average home price rose to $696,166, up 6% year-over-year⁠
• Inventory levels dropped to 3.7 months nationally, the lowest in over a year⁠
• Interest rate cuts from Bank of Canada (125 basis points) have helped boost market momentum

Attend Our Real Estate Holiday Party

Join the best community in Canadian Real Estate realist.ca

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Nick

Instagram.com/mybuddynick

tiktok.com/@mybuddynick

twitter.com/mybuddynick89

Dan

twitter.com/daniel_foch

instagram.com/danielfoch

tiktok.com/@danielfoch

See omnystudio.com/listener for privacy information.