Nationalizing Rent: How Canada Killed the Dream of Home Ownership episode artwork

EPISODE · Aug 15, 2025 · 7 MIN

Nationalizing Rent: How Canada Killed the Dream of Home Ownership

from The Wise Old Owl Podcast · host 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...Welcome to The Owl Mortgage Podcast, hosted by Vince Gaetano and co-host Cristina Minatel.Each week, Vince and Cristina break down the latest news, market trends, lender updates, and mortgage announcements affecting Canadians. From interest rates and housing policy to insider industry insights and practical advice for homebuyers, homeowners, and investors, they make complex topics easy to understand.Whether you're buying your first home, renewing your mortgage, refinancing, or simply trying to stay informed, you'll get honest conversations, expert analysis, and a few laughs along the way.Tune in every week for new episodes and discover the information that could help you make smarter mortgage decisions.For more information, be sure to visit  https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

Episode metadata supplied by the publisher feed · Published Aug 15, 2025

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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...

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Nationalizing Rent: How Canada Killed the Dream of Home Ownership

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