In this conversation, conservative pundit Sabrina Maddeaux and economist Mike Moffatt discuss the challenges and failures of Ontario's housing market, contrasting it with Alberta's more successful approach. They explore the vision of affordable housing presented by Premier Doug Ford, the current state of housing supply, and the political dynamics affecting housing policies. The discussion highlights the implications for millennials and Gen Z, who are increasingly considering moving to provinces like Alberta due to affordability issues. Ultimately, Sabrina and Mike each assign a letter grade to the Ontario government's performance in addressing the housing crisis. Spoiler alert: Ford gets F, but from which host? You’ll have to watch to find out!
Chapters
00:00 Introduction
01:06 Outlining a tangible vision of home ownership
07:08 Single, detached family homes for under $500?
08:28 Current state of housing supply
10:49 Apartment units are the only bright light
11:45 Alberta is doing it right
14:22 Ontario’s brain drain to Alberta
15:08 Development charges, approval times and land use policy
17:37 Housing has become politicised
19:43 The grade reveal
Links:
Housing Shortages Grow Fastest in Smaller Ontario Metros
Development Charges have Helped Price Out the Middle Class
Canada needed to add 500,000 homes last year to keep up with population growth. It failed to hit even half of that.
Hosted by Mike Moffatt & Cara Stern & Sabrina Maddeaux
Produced by Meredith Martin
This podcast is funded by the Neptis Foundation and brought to you by the Smart Prosperity Institute.