Brian Crombie Radio Hour - Epi 1479 - Power-of-Sale Listings with Ron Butler

Tonight on The Brian Crombie Hour, Brian is joined by Ron Butler, one of Canada’s most outspoken mortgage brokers, for a hard-hitting conversation about the surge in power-of-sale and foreclosure listings across the Greater Toronto Area.Together They Explore: • Why power-of-sale listings have risen by 20% each month over the past four months,• How the collapse of the foreign student housing market has left many homeowners unable to carry their mortgages,• The growing impact of unemployment, rising property taxes, and vanishing private lending options on mortgage defaults,• What the slowdown in new residential construction means for housing supply,• And Ron’s bold ideas for fixing affordability – from cutting development fees and taxes on new homes to opening land for much-needed housing.Ron doesn’t pull punches. If you want to understand what’s really happening in Ontario’s housing and mortgage markets – and what it could mean for you – you won’t want to miss this!