Ontario’s housing market went from one of the hottest development booms in history to a landscape of stalled projects, cancelled developments and deepening affordability challenges. Host Adam Jacobs and RESCON president and CEO Richard Lyall unpack how we got here.
Across Toronto, residential developments are being delayed, redesigned or abandoned because they no longer pencil out despite signs of positive policy change. Rising construction costs, tighter lending conditions and compressed margins have fundamentally changed the economics of development.
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