Welcome back to The Property Hustlers Show with your hosts, Andrew and Skyler. In this episode, we discuss the significant changes in the Canadian real estate landscape as elections approach. We also discuss the latest budget revelations and their implications for housing costs and first-time home buyer incentives in Canada.
Join us as we explore the extension of mortgage terms from 25 to 30 years for new construction homes and what this means for you as an investor or a first-time buyer. We'll break down the complexities of CMHC-insured mortgages and new construction mortgage processes and how these could directly impact the cost of living in your city and beyond.
As we navigate the future of remote work and office spaces, we discuss how these shifts are reshaping the quality of life in Canada and driving solutions to the housing affordability crisis. Whether you plan to buy, invest, or stay informed about the Canadian housing supply, this episode is packed with essential insights.
Stay tuned as we provide actionable tips and up-to-date information on making your home-buying experience smoother and more affordable. Subscribe to our channel for the latest in real estate trends and market analysis.
[00:00] Introduction
[00:27] Mortgage Changes for First-Time Home Buyers
[06:59] Increasing the Home Buyer Plan Withdrawal Limit
[10:15] Boosting Housing Supply and Construction Workforce
[13:00] Challenges in Housing Development and Construction
[15:02] Political Motivations Behind Budget Decisions
[17:19] Differences in Income and Housing Costs
[29:56] Comparison of Canadian and US Real Estate Markets
[32:45] Impact of Family Business and Real Estate Investments
[38:46] Remote Work Trends and Long-Term Viability
[40:43] Cost of Living vs. Quality of Life Choices
[42:12] Comparing Housing Costs Across Different Locations
#costoflivingcanada #housingcrisiscanada #housingcosts #qualityoflifecanada #realestateinvesting
LIKE & SUBSCRIBE if you enjoy the video so we can share it to more people! We appreciate your support!
Step-by-Step Training On How To Get Started in Real Estate:
👉 https://www.propertyhustlers.org/free-coaching
Find out how anyone can monetize and earn over 10,000 / month while investing in Real Estate long-term!
👉 Courses: https://www.skool.com/propertyhustlers/about
Visit us on:
Property Hustlers website
https://www.propertyhustlers.ca/
Find us on Instagram:
Ping Hsu (Founder @ Property Hustlers)
http://instagram.com/ping_realestate
Andrew Parashis (Founder @ Property Hustlers)
http://instagram.com/andrew.parashis
Looking for more free resources or tools? Book a discovery call with our team! https://calendly.com/ping-hsu/15-min-discovery-call
Welcome back to The Property Hustlers Show with your hosts, Andrew and Skyler. In this episode, we discuss the significant changes in the Canadian real estate landscape as elections approach. We also discuss the latest budget revelations and their implications for housing costs and first-time home buyer incentives in Canada.
Join us as we explore the extension of mortgage terms from 25 to 30 years for new construction homes and what this means for you as an investor or a first-time buyer. We'll break down the complexities of CMHC-insured mortgages and new construction mortgage processes and how these could directly impact the cost of living in your city and beyond.
As we navigate the future of remote work and office spaces, we discuss how these shifts are reshaping the quality of life in Canada and driving solutions to the housing affordability crisis. Whether you plan to buy, invest, or stay informed about the Canadian housing supply, this episode is packed with essential insights.
Stay tuned as we provide actionable tips and up-to-date information on making your home-buying experience smoother and more affordable. Subscribe to our channel for the latest in real estate trends and market analysis.
[00:00] Introduction
[00:27] Mortgage Changes for First-Time Home Buyers
[06:59] Increasing the Home Buyer Plan Withdrawal Limit
[10:15] Boosting Housing Supply and Construction Workforce
[13:00] Challenges in Housing Development and Construction
[15:02] Political Motivations Behind Budget Decisions
[17:19] Differences in Income and Housing Costs
[29:56] Comparison of Canadian and US Real Estate Markets
[32:45] Impact of Family Business and Real Estate Investments
[38:46] Remote Work Trends and Long-Term Viability
[40:43] Cost of Living vs. Quality of Life Choices
[42:12] Comparing Housing Costs Across Different Locations
#costoflivingcanada #housingcrisiscanada #housingcosts #qualityoflifecanada #realestateinvesting
LIKE & SUBSCRIBE if you enjoy the video so we can share it to more people! We appreciate your support!
Step-by-Step Training On How To Get Started in Real Estate:
👉 https://www.propertyhustlers.org/free-coaching
Find out how anyone can monetize and earn over 10,000 / month while investing in Real Estate long-term!
👉 Courses: https://www.skool.com/propertyhustlers/about
Visit us on:
Property Hustlers website
https://www.propertyhustlers.ca/
Find us on Instagram:
Ping Hsu (Founder @ Property Hustlers)
http://instagram.com/ping_realestate
Andrew Parashis (Founder @ Property Hustlers)
http://instagram.com/andrew.parashis
Looking for more free resources or tools? Book a discovery call with our team! https://calendly.com/ping-hsu/15-min-discovery-call