S4 Ep.6 | Canadian Challenges: On Small Businesses, Public Healthcare, and Housing Affordability

Master Keys Real Estate Podcast

Join us for this week’s updates on the current housing market and systemic problems across Canada. Neal and Chandler touch on why a significant number of buyers are waiting to purchase homes, factors driving rent reductions in the Greater Toronto Area, and how scaling up construction impacts property prices.

In today’s economy, the hosts also discuss strategies for safeguarding against inflation, specifically through investing in physical assets, and the challenges to accumulating wealth in Canada. To further drive the point, Neal and Chandler go over shocking numbers that highlight the significant disparity between small businesses in the US and Canada due to major differences in growth opportunities and regulatory environments.

Don’t miss out on this engaging discussion where they also dive into the problem with public healthcare, challenges with the labor force, and investing to erode debt.

Show notes:

1:04 - The market is hot for buying and selling right now — thoughts?

3:45 - Protecting yourself from inflation and eroding debt through physical assets

8:54 - Current state on the labor force and hiring right now

11:35 - Understanding the difference between small businesses in the US and Canada

20:29 - Building wealth and businesses in the US versus Canada

27:00 - On the problem with public healthcare in Canada

33:50 - Why 72% of buyers are waiting to buy houses

37:06 - Why it’s a big year for Nova Scotia

43:51 - Rent is falling in the Greater Toronto Area

47:15 - How building more brings prices down

50:06 - Should buyers wait out?

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The Master Keys Podcast is hosted by Neal Andreino and Chandler Haliburton, two top real estate agents in Nova Scotia, Canada. Neal and Chandler have each built sizable portfolios of investment properties and leverage their expertise to inform their clients as well as viewers. The podcast covers all things real estate from the first steps as a beginner all the way to expert skills for experienced investors.

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