Daniel Foch on YouTube

Canada has a condo absorption problem hiding inside an affordable housing announcement.

Published June 20, 2026

Topics: Condos, Housing Market

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Canada has a condo absorption problem hiding inside an affordable housing announcement.

B.C. is talking about a $3.2B package and more than 2,200 vacant condos that could be converted into affordable housing. Ontario has already moved through a similar playbook.

If the units were clearing at affordable prices on normal market terms, governments would not need to engineer the buyer, the financing, and the subsidy stack.

Full breakdown: https://youtu.be/glQMgymS5V8

#CanadianRealEstate #HousingMarket #CanadaHousing #VancouverRealEstate #RealEstate

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