The Wise Old Owl Podcast
Focused on personal financial literacy and discussion of topics related to real estate investment, home financing and wealth building with a casual and professional approach to expose opportunities and deal with misconceptions in the marketplace.
The Wise Old Owl Podcast
The Hidden Tax That’s Killing Toronto Housing
Want to know the biggest real scam in Toronto real estate? It’s not greedy developers or foreign investors — it’s your own government. Right now, up to 27% of every new home’s price in the GTA is made up of government charges. That’s not land, not steel, not bricks — it’s bureaucracy. On a million-dollar townhouse, that’s up to $270,000 in fees — and you’re the one paying for it every month through your mortgage. While City Hall talks about “equity” and “justice,” Toronto’s housing market is being strangled by endless red tape, bloated budgets, and political incompetence. From Olivia Chow’s leadership to council’s spending spree, we’ve built a system where housing pays for everything — yet nothing gets better.
For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/