The Real Estate Development Disaster in Canada
We discuss the frustrating delays in real estate development and the bureaucratic hurdles that hinder progress. Our guest shares a personal experience of watching a 57-acre parcel of land, zoned for over 3,500 units, sit undeveloped for 15 years. Located between Wilson and Downsview subway stations, this prime location remains untouched due to excessive red tape and bureaucracy.
We explore how bureaucratic gatekeepers slow down development projects, despite the clear need for more housing in urban areas. The conversation touches on political figures addressing these issues and the challenges they face in making effective changes.
Additionally, we highlight a viral story of a young entrepreneur facing similar bureaucratic challenges in obtaining government grants for innovative projects. This case exemplifies the systemic inefficiencies and conflicts of interest within the current system.
Lastly, we delve into the increasing complexity of mortgage approvals, comparing the streamlined processes of the past with today's excessive paperwork and stringent requirements. Learn how these bureaucratic obstacles affect borrowers and lenders alike, and the impact on the real estate market.
Join us as we uncover the root causes of these delays and inefficiencies, and discuss potential solutions to streamline development and financing processes.
------------------------------------------
Connect with Vince ⬇️⬇️⬇️
📱 (416) 613-5363
📩 vince@owlmortgage.ca
www.owlmortgage.ca/
/ vincegmortgage
/ vincegaetano
/ mortgagevinceg
------------------------------------------
Our Mission 🚀🚀🚀
At OwlMortgage.ca, we’re reframing mortgages. Gone are the days of daunting contracts that laden you with debt. Our educational and empathetic approach considers your needs and wants from your home to make it work for you. We offer a helping hand regardless of your learning style or where you are in your home-buying journey. Whether you're self-employed, salaried, or retired, and looking for a first home, renewing, refinancing or consolidating your debt, the team at Owlmortgage.ca is here to help.
------------------------------------------
#Mortgage #CanadianEconomy#MarketNews#MortgageBroker #RealEstate #HousingMarket #CanadianFinance #InterestRates #RealEstateInvesting #HousingBubble #EconomicNews
Пікірлер: 13
Thanks Mate, the sad truth is that no one has a clue, we all react to what happens as it happens and try to analyse it but can’t predict an iota of what is going to unfold in the markets… content creators are like amplifiers, when times are good they affirm it and try to tell you why it’s good and that it’s looking bullish but then all of a sudden the market turns bearish and everyone affirms it again and try to analyse why… it’s so sad that many are so powerless and it's not about guessing the market's next move; it's about playing it smart and steady during trading...managed to grow a nest egg of around 2.3Bitcoin to a decent 19Bitcoin in the space of a few months... I'm especially grateful to Linda Wilburn, whose deep expertise and traditional trading acumen have been invaluable in this challenging, ever-evolving financial landscape.
@cuxixi69
Ай бұрын
Linda Wilburn program is widely available online.
Vince you keep referring to that one parcel on Wilson heights, there's another parcel up the street, at Wilmington and Overbrook, and another on Finch and Grantbrook, that's been sitting for about 15 years. That's the few I drive by, I'm sure there's many more. Government is the reason prices are high.
If you ever had a gold fish you will know that over feeding kills the fish you want to keep them hungry so they live longer plus they will only get as big as the tank
What do you think with about the interest rate going down again will the market be back as it was like in 2020 and 2021 . What is your view will the Canadian housing market stay unaffordable forever?
@wiseoldowlshow
Ай бұрын
Rate cuts happen because the economy is in the toilet.
Jail for realtors scammers, investors, and politicians with real estate interest. NOW.
ALL HAIL OWL MORTGAGE!!
Now from September let’s see again 40 years mortgages 😂
is that not government waste to the 9th degree ..