S4 Ep.6 | Canadian Challenges: On Small Businesses, Public Healthcare, and Housing Affordability

Join us for this week's updates on the current housing market and systemic problems across Canada. Neal and Chandler touch on why a significant number of buyers are waiting to purchase homes, factors driving rent reductions in the Greater Toronto Area, and how scaling up construction impacts property prices.  In today's economy, the hosts also discuss strategies for safeguarding against inflation, specifically through investing in physical assets, and the challenges to accumulating wealth in Canada. To further drive the point, Neal and Chandler go over shocking numbers that highlight the significant disparity between small businesses in the US and Canada due to major differences in growth opportunities and regulatory environments.  Don't miss out on this engaging discussion where they also dive into the problem with public healthcare, challenges with the labor force, and investing to erode debt. Show notes: 1:04 - The market is hot for buying and selling right now — thoughts? 3:45 - Protecting yourself from inflation and eroding debt through physical assets 8:54 - Current state on the labor force and hiring right now 11:35 - Understanding the difference between small businesses in the US and Canada 20:29 - Building wealth and businesses in the US versus Canada 27:00 - On the problem with public healthcare in Canada 33:50 - Why 72% of buyers are waiting to buy houses 37:06 - Why it's a big year for Nova Scotia 43:51 - Rent is falling in the Greater Toronto Area 47:15 - How building more brings prices down 50:06 - Should buyers wait out?   CHECK OUT OUR PATREON: www.patreon.com/masterkeyspodcast  The Master Keys Podcast is hosted by Neal Andreino and Chandler Haliburton, two top real estate agents in Nova Scotia, Canada. Neal and Chandler have each built sizable portfolios of investment properties and leverage their expertise to inform their clients as well as viewers. The podcast covers all things real estate from the first steps as a beginner all the way to expert skills for experienced investors. Please contact us with any questions or suggestions at [email protected]  FIND US ON INSTAGRAM - https://www.instagram.com/masterkeyspodcast/ TIKTOK - https://www.tiktok.com/@masterkeyspodcast FACEBOOK - https://www.facebook.com/Master-Keys-Podcast-110495988057336/ FIND NEAL ON: INSTAGRAM - https://www.instagram.com/remaxneal/ LINKEDIN - https://ca.linkedin.com/in/neal-andreino-90854b102 FIND CHANDLER ON: INSTAGRAM - https://www.instagram.com/tchandh/ LINKEDIN - https://ca.linkedin.com/in/t-chandler-haliburton-40a88468