Why BC's Housing Intervention Could Backfire | Episode 95

Send us Fan MailSchedule a callhttp://www.calendly.com/alexpangmortgage Is BC really bailing out condo developers?In Episode 95 of The Canadian Mortgage Show, hosts Alex Pang and Alex Shanks are joined by BC Real Estate Association Chief Economist Brendon Ogmundson to unpack the controversy surrounding BC's proposed $1.5 billion condo program.Was this really a developer bailout—or was the story completely misunderstood?They discuss why developers say they never asked for the program, what is actually causing Canada's housing slowdown, the growing inventory of unsold condos, and why today's policies could create another housing shortage just a few years from now.The conversation also covers:• Why new housing construction is slowing• Interest rate outlook and Bank of Canada expectations• Canada's economic recovery• Pipeline investments and economic growth• AI, productivity, and the future of jobs• Where Vancouver and Toronto real estate could be headed nextWhether you're a homeowner, investor, realtor, or simply trying to understand Canada's rapidly changing housing market, this episode breaks down the facts behind the headlines.Subscribe for weekly conversations on Canadian real estate, mortgages, economics, and housing policy.