The Wise Old Owl Podcast

Nationalizing Rent: How Canada Killed the Dream of Home Ownership

Vince Gaetano

Canada’s “housing boom” is a scam. We’re not building homes for families — we’re building rentals for corporations. In Toronto, over 80% of new builds are purpose-built rentals. CMHC is backing billions for landlords, while first-time buyers are locked out and priced out. This isn’t just bad policy… it’s generational theft. If we keep replacing homeownership with rentals, we’re locking in a future where equity, stability, and the middle class disappear. Here’s why the system is rigged, how it happened, and what’s coming next...

For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/