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Episode 123: Ontario's Population Dynamics, Toronto Condo Price Decline, and Mortgage Debt Trends
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In this episode, we begin with a welcome and introduction, setting the stage for a discussion on Ontario's population dynamics and their economic impacts. We explore the recent decline in Toronto condo prices and draw insights from the European housing model. The episode also delves into mortgage debt trends, focusing on the rise of reverse mortgages among older households. A message from our sponsor, Humber Polytechnic's Mortgage Agent Level 1 course, follows. The episode concludes with closing remarks and a sign-off, summarizing the key insights discussed. (0:00) Welcome and Introduction (0:24) Population dynamics and economic impacts in Ontario (2:30) Decline in Toronto condo prices and European housing model insights (6:55) Mortgage debt trends and reverse mortgages in older households (11:38) Sponsor: Humber Polytechnic's Mortgage Agent Level 1 course (14:27) Closing Remarks and Sign-off
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