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What to do with the glut of unsold condos?

EPISODE · Jun 22, 2026 · 19 MIN

What to do with the glut of unsold condos?

from The Current

The condo boom in Toronto and Vancouver has gone bust and thousands are sitting on the market -- in the midst of a housing affordability crisis. So what can be done? We hear from Michael Fedychshyn of Building Ontario Fund about its deal to bulk buy thousands of units in the Greater Toronto Area, Condo developer Pouyan Safapour, about how to stop the boom and bust cycle and build units people actually want to live in Carolyn Whitzman, author Home Truths: How to Fix Canada's Housing Crisis.

What this episode covers

The condo boom in Toronto and Vancouver has gone bust and thousands are sitting on the market -- in the midst of a housing affordability crisis. So what can be done? We hear from Michael Fedychshyn of Building Ontario Fund about its deal to bulk buy thousands of units in the Greater Toronto Area, Condo developer Pouyan Safapour, about how to stop the boom and bust cycle and build units people actually want to live in Carolyn Whitzman, author Home Truths: How to Fix Canada's Housing Crisis.

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What to do with the glut of unsold condos?

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This episode is 19 minutes long.

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This episode was published on June 22, 2026.

What is this episode about?

The condo boom in Toronto and Vancouver has gone bust and thousands are sitting on the market -- in the midst of a housing affordability crisis. So what can be done? We hear from Michael Fedychshyn of Building Ontario Fund about its deal to bulk buy...

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