Are Rents in Canada 36% Undervalued? - True Condos Podcast

The OECD recently said that Canadian real estate prices are overvalued by 33% based on price:income ratio. Will Dunning is an economist who noted that when you use the same premise, you come to the conclusion that rents are undervalued in Canada by 36%. Could this be true? We take a closer look in this episode. PLUS we talk about a new student rental opportunity coming soon in the GTA. Click here for show notes. Related Links: Will Dunning Economic Research Inc. Will Dunning’s November 2015 Housing Report “Overvalued Housing Markets? Not Really” OECD’s warning of sharp Toronto housing correction condemned by leading economist Further Listening - True Condos Podcast with Peter Norman from Altus Group - Is Canada’s real estate 30% overvalued?   University Studios - New Condo Project at UOIT Andrew la Fleur / Sales Representative [email protected] http://www.truecondos.com http://www.twitter.com/andrewlafleur   http://www.facebook.com/truecondos