Podcast appearances and mentions of ben rabidoux

Urmi and John sit down with Ben Rabidoux, a leading housing analyst at Edge Realty Analytics. His firm provides in-depth data and insights on Canada's housing market, with a focus on national trends and key metro areas like Vancouver and Toronto. It's no surprise that many real estate professionals consider his monthly research reports essential reading. With interest rates falling, inflation on the rise, and tariffs hitting Canada's economy, the housing market is facing a whirlwind of change. How will these shifting economic forces play out in the coming months—and what do they mean for homebuyers, sellers, and investors? Let's dive in. Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com  About This Show The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada. You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!

Vince is joined by Ben Rabidoux to discuss the brewing economic turmoil in Canada as we head into 2025. From the struggling job market to alarming real estate projections, growing debt, and population pressures, Canada's economy faces critical challenges. What does the future hold for the housing market? Will the debt crisis and job market issues push the country toward an economic tipping point? Watch to understand the factors driving the crisis and what it means for Canadian residents and investors.For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

In this episode of Huddle +, Kevin gets an update from Ben Rabidoux. They discuss the Canadian housing market, mortgages and more! Follow Ben on X: https://x.com/BenRabidoux Visit our merch store!!! https://www.themarkethuddlemerch.com/

Bank of Canada slashes rates by another 50bps. The Labour market is getting worse. The Fed might be done cutting rates later this year but the BoC isn't. Rents continue to drop in major metros. Record supply under construction. Immigration system needs an overhaul as asylum claims surge. Start an investment portfolio that's built to perform with Neighbourhood Holdings. Visit www.neighbourhoodholdings.com/looniehour to learn more! Get your travel data sorted with Saily and enjoy smooth, safe, and reliable internet access while you're away in over 150 countries! Check out Saily at saily.com/looniehour and use our promo code 'LOONIEHOUR' to get 15% off your first purchase!See omnystudio.com/listener for privacy information.

Send us a textIn this episode of The Last Honest Realtor podcast, host David Fleming sits down with economist and advisor Ben Rabidoux to discuss the intersection of real estate, economics, and government policy. As the founder of North Cove Advisors and Edge Analytics, Ben brings his sharp analysis and a wealth of data to this fascinating conversation about the current and future state of the housing market in Canada.Together, David and Ben dive into everything from interest rate hikes to the challenges facing developers and the shifting dynamics of the rental market. If you're a real estate enthusiast, investor, or industry professional, this episode is filled with insights you won't want to miss.In This Episode:Why interest rates are reshaping the Canadian housing marketHow the Bank of Canada's policies impact homeowners and rentersThe future of pre-construction and condo developments in TorontoThe role of government-backed loans and the CMHC in today's marketWhy rental markets could see significant shifts by 2026Timestamps:00:00 - Introduction00:06 - Meet Ben Rabidoux: Economist and data enthusiast01:15 - How interest rates are influencing the housing market10:30 - Are we heading for higher mortgage delinquencies?20:45 - The rise of purpose-built rentals and government incentives30:00 - Toronto's condo market: Overbuilt or underpriced?45:20 - Will CMHC's new policies survive the next election?55:00 - The real risks of pre-construction appraisalsDon't Miss:Ben's take on why Canada's population growth could slow dramaticallyDavid's thoughts on municipal policies and development costsA deep dive into why the Toronto condo market faces unique challengesSubscribe to The Last Honest Realtor on YouTube or your favorite podcast platform. Like, comment, and share your thoughts—what do you think of Ben's predictions? Let us know in the comments!Support the showSubscribe and Follow:Toronto Realty Group WebsiteToronto Realty Group YouTubeToronto Realty Blog InstagramToronto Realty Blog TwitterToronto Realty Blog Facebook

FRIENDS AND ENEMIES Join us for some QUALITY Bitcoin and economics talk, with a Canadian focus, every Monday at 7 PM EST. This week we welcome first time guest Ben Rabidoux. Ben is the founder of Edge Realty Analytics, North Cove Advisors, and is a leading mind on the Canadian housing picture, household credit, as well as other economic sectors. From a couple of Canucks who like to talk about how Bitcoin will impact Canada. As always, none of the info is financial advice. Website: ⁠www.CanadianBitcoiners.com ⁠Discord: / discord (https://www.youtube.com/redirect?even...) A part of the CBP Media Network: ⁠www.twitter.com/CBPMediaNetwork This show is sponsored by: easyDNS - ⁠⁠www.easydns.com⁠⁠ EasyDNS is the best spot for Anycast DNS, domain name registrations, web and email services. They are fast, reliable and privacy focused. You can even pay for your services with Bitcoin! Apply coupon code 'CBPMEDIA' for 50% off initial purchase Bull Bitcoin - ⁠⁠https://mission.bullbitcoin.com/cbp⁠⁠ (https://www.youtube.com/redirect?even...) The CBP recommends Bull Bitcoin for all your BTC needs. There's never been a quicker, simpler, way to acquire Bitcoin. Use the link above for $20 bones, and take advantage of all Bull Bitcoin has to offer. D-Central Technologies - https://d-central.tech/ (https://www.youtube.com/redirect?even...) Your home for all things mining! Whether you need a new unit, a unit repaired, some support with software, or you want to start your own wife-friendly home mining operation, the guys at D-Central Tech are ready to help. With industry leading knowledge and expertise, let the D-Central team help you get started mining the hardest money on Earth.

In this episode, Ben Rabidoux, Founder of North Cove Advisors, rejoins hosts Matthew Schnurr and Dustin Reid for an update on the current trends and outlook of the Canadian real estate market. Ben discusses the challenges facing the condo market, including the potential for higher failure rates in closings in 2025 and 2026. He also examines the impact of recent interest rate cuts by the Bank of Canada, highlighting how these cuts may improve affordability for potential homebuyers while still posing challenges for those renewing their mortgages at higher rates. Lastly, Ben explores the implications of the federal government's decision to reduce immigration targets, which could lead to slower population growth and a softer rental market. This episode was recorded on October 24, 2024.

Each month, John Pasalis (Realosophy Realty) presents his latest data and top stories on Toronto area real estate in conversation with his Realosophy agents, Gus Papaioannou and Davin McMahon, and our Move Smartly mortgage expert, David Larock - and you, our viewers, who join the conversation in our live chat hosted by Move Smartly Editor Urmi Desai to make this is one of our liveliest segments! Participate live: Watch on this YouTube channel and us the chat feature during live broadcast to ask your own questions Set-up a meeting with John Pasalis and his agents at Realosophy to discuss your own real estate questions privately: https://www.movesmartly.com/meetjohn Sign up for our email list to be alerted to the next online market update to join our session live chat and ask your own Qs: https://www.movesmartly.com/monthly-public-webinar Today's show links: John's latest market report for June with latest data on MoveSmartly.com: https://www.movesmartly.com/reports John's Video - Are Condo Investors Being Propped Up in Canada? https://youtu.be/itUMEdVKiZ0?si=p-yvtVlO73H8v3j8 Dave Larock's latest blog post on mortgage rates on MoveSmartly.com: https://www.movesmartly.com/articles/author/david-larock Ben Rabidoux on Twitter: https://x.com/BenRabidoux Edge Analytics: https://edgeanalytics.ca/about/ Contact Us John Pasalis, President and Broker, Realosophy Realty, Toronto | Email: askjohn@movesmartly.com | X-Twitter: @JohnPasalis David Larock, Mortgage Broker and Analyst and Realtor | Email: dave@morplan.ca | X-Twitter: @Dave_at_IMP Urmi Desai, Editor, Move Smartly | Email: editor@movesmartly.com | X-Twitter: @MoveSmartly About This ShowThe Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada. You can also watch this and every episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please subscribe and leave us a positive rating on whatever platform you are watching or listening to us from — thank you!

This week Kevin and Patrick welcome to the show, Ben Rabidoux from North Cove Advisors. Kev & Ben have a fascinating discussion about the differences between US and Canadian housing markets, where the opportunities lie and whether the Big Short will finally work in Canada. Follow Ben on X: https://www.twitter.com/benrabidoux Check Out Edge Reality Analytics: https://edgeanalytics.ca/ *Got questions for Kevin and Patrick? Submit your questions to: nostupidquestions@markethuddle.com Visit our merch store!!! https://www.themarkethuddlemerch.com/ To receive our emails with the charts and links each week, please register at: https://markethuddle.com/

Ben Rabidoux is the founder of North Cove Advisors, a boutique research covering Canadian housing, macroeconomic, and household credit trends. North Cove Advisors is consistently ranked in the top 5 for Canadian economic research by Brendan Wood International, as voted upon by institutional investors.   Ben also leads the research teams at Edge Realty Analytics, which provides similar research and advisory services to real estate professionals.   He is a frequent commentator on all matters related to housing and household credit, having been featured in nearly every major Canadian media publication as well as a number of business publications internationally.

In this week's episode, John Pasalis talks with Ben Rabidoux, founder of Edge Realty Analytics, which provides data and insights on Canadian housing and economic trends and more in-depth reporting on major metro-level trends in Vancouver and Toronto. Many real estate professionals consider Ben's monthly research reports a can't-miss read for good reason. Ben shared his thoughts on why Canada's economy is in worse shape than what the markets think. He also unpacks the massive shortage of family-sized homes, where he notes that Canada is starting only one new home for every 20 new people moving to Canada. Finally, Ben also discussed how a decline in Canada's population growth rate and housing starts will impact the housing market in the months and years ahead. Contact Us Follow John on X-Twitter @JohnPasalis; Email at: askjohn@movesmartly.com Follow Urmi on X-Twitter @MoveSmartly; Email at: editor@movesmartly.com About This Show The Move Smartly show is co-hosted by Urmi Desai, Editor of Move Smartly, and John Pasalis, President and Broker of Realosophy Realty. MoveSmartly.com and its media channels on YouTube and various podcast platforms are powered by Realosophy Realty in Toronto, Canada. You can also watch this episode on our MoveSmartly YouTube channel here: https://www.youtube.com/movesmartly If you enjoy our show and find it useful, please like, subscribe, share, review and comment on whatever platform you are watching or listening to us from - we appreciate your support!

Immigration Minister announces big cuts to population growth. How will this slow the economy and rents? Rabidoux thinks the Bank of Canada will have to cut rates more than expected. OSFI keeps the mortgage stress test on lender switches. Trudeau announces renters bill of rights.  Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/find-an-etf/?ecid=dw-LHPODNovGAM1-ADBMO26 Check out Ben Rabidoux's work at Edge Analytics Research: https://edgeanalytics.ca/See omnystudio.com/listener for privacy information.

Ben Rabidoux is a consultant to many major financial institutions around Canadian Real Estate and broader economic conditions. His work is highly regarded and is a very real take on what's really happening today. He started doing a deep dive into Canadian real estate out of 'interest', and we're sure glad he did. His research is always insightful and presented in a very clear way for anyone to digest. He's always sharing good stuff on X (formerly Twitter) @BenRabidoux. If you want to find out more about his analytics business head to EdgeAnalytics.ca

  Ben Rabidoux is the founder of North Cove Advisors, a boutique research covering Canadian housing, macroeconomic, and household credit trends. North Cove Advisors is consistently ranked in the top 5 for Canadian economic research by Brendan Wood International, as voted upon by institutional investors. Ben also leads the research teams at Edge Realty Analytics, which provides similar research and advisory services to real estate professionals. He is a frequent commentator on all matters related to housing and household credit, having been featured in nearly every major Canadian media publication as well as a number of business publications internationally.

The shocking political realities behind Canada's badly broken housing market are sinking in — and the damage spreads much deeper and wider than the generations being unfairly priced out of starter homes. Ben Rabidoux, founder of Edge Realty Analytics, is the guy both federal Conservatives and Liberals turn to for deep housing insights. He joins Brian this week to discuss how waving in millions of temporary residents, many of them students, is causing far more harm — to us and them — than just wildly inflated rents. And he explains how the massive capital reallocation away from productive businesses into housing speculation could wreak havoc in the Canadian economy for many years to come. (Recorded September 28, 2023) Learn more about your ad choices. Visit megaphone.fm/adchoices

Join us for an in-depth discussion on the dynamic landscape of Canada's real estate market. In this episode, hosts Matthew Schnurr and Dustin Reid are joined by Ben Rabidoux, Founder of North Cove Advisors, who explores the key trends and challenges facing this ever-evolving market. Discover how supply dynamics are affecting affordability across various regions and from single-family homes to condos. Gain insights into the risk factors associated with pre-construction condos and the potential impacts on buyers and investors. Ben also discusses the critical role of interest rates and the potential consequences of a higher-for-longer rate environment.   This episode was recorded on September 27, 2023.

We are joined this week by Canadian credit and housing analyst Ben Rabidoux. Insolvencies are ratcheting higher, the pre-sale market remains the biggest vulnerability. Mortgage rates are starting to break household balance sheets. Immigration is out of control. Canada apartment rents are still rising. The ECB hikes. US inflation still sticky.  Try out Canva for Teams! Get an extended 45-day trial here: https://canva.me/looniehourSee omnystudio.com/listener for privacy information.

The Canadian housing market is in upheaval on all fronts. The rapid rise in interest rates has significantly increased the cost of home ownership for a highly indebted country, while on the flip side the mass influx of immigrants has squeezed the already tight rental market. Grizzle sits down with one of the most insightful housing analysts in the country, Ben Rabidoux, Founder of North Cove Advisors. This is a must watch interview, Ben brings a ton of insight and incredible charts to shed light on a housing market that's tethering on the edge. Follow Ben on Twitter @BenRabidoux North Cove Advisors: https://northcove.net/ & Edge Realty Analytics: https://edgeanalytics.ca/ Subscribe to Grizzle Research: https://grizzleresearch.substack.com/

David Osman of IRF is joined by Ben Rabidoux, the Founder of North Cove Advisors. ----more---- They discuss the importance of the housing sector as a driver of consumer spending and broader economic growth in Canada. The Canadian government is trying to achieve a soft-landing with the central bank providing an appropriate degree of monetary tightening to curb inflation without creating a recession. According to the Bank of Canada, higher interest rates are working their way through an overheated economy. Canadians are feeling the pinch of high inflation and concern about an economic slowdown. Ben points out the risks associated with a tightening monetary policy stance and a sharp slowdown in discretionary consumer spending. He identifies the early signs of cracks in consumer credit, including rising insolvencies and deteriorating credit card trends. In the housing sector, affordability concerns are continuing to weigh on demand and put downward pressure on house prices. Ben compares the highly-leveraged state of Canadian consumers with their US peers. Given the prospect of higher US interest rates this year, Ben highlights the risks that this poses for the conduct of monetary policy in Canada and the implications for the Canadian dollar. North Cove Advisors is a boutique research firm that is exclusively focused on Canadian macroeconomic coverage with a strong focus on housing, household credit and consumer spending trends.  

Urmi and John talk to Ben Rabidoux, a housing analyst at Edge Realty Analytics, a firm that provides data and insights on Canadian housing and economic trends as well as more in-depth reporting on major metro-level trends in Vancouver and Toronto. Many real estate professionals consider Ben's monthly research reports to be a can't-miss read for good reason.  What is the latest data suggesting about where home prices will go next in the context of record interest rate rises that may now be levelling off? What does the bond market tell us about what might happen now and why does it matter to housing? How does the recent sales slowdown and price declines we're seeing now compare to previous declines in 2020, 2008 and the late 1990s? And will we see the market bounce back this spring? You can watch this interview on our Move Smartly YouTube channel: https://www.youtube.com/movesmartly Follow us and send us your questions and feedback via Twitter @MoveSmartly, Instagram @move.smartly, or email: editor@movesmartly.com 

Ben Rabidoux always brings a wealth of insight to the podcast and this time is no different. On this episode of The Your Life! Your Terms! Show Ben shares his latest findings on the condo markets, single-family homes, assignments, banking trends, mortgage arrears, population growth numbers and more. You can follow Ben on Twitter @BenRabidoux and you find his real estate analytics service at www.EdgeAnalytics.ca

Ben RabidouxNorth Cove Advisors Inc Ben Rabidoux is the founder of North Cove Advisors, a boutique research covering Canadian housing, macroeconomic, and household credit trends.  NCA is consistently ranked in the top-5 for Canadian economic research by Brendan Wood International, as voted upon by institutional investors.  Ben also leads the research teams at Edge Realty Analytics, which provides similar research and advisory services to real estate professionals.  He is a frequent commentator on all matters related to housing and household credit, having been featured in nearly every major Canadian media publication as well as a number of business publications internationally.  

We are still in unprecedented times. House prices are going down even though inventory is limited. The unemployment rate is at a 40-year low, and yet insolvencies remain at record lows. What's going on? Will this climate last forever? Enter Ben Rabidoux. Ben returns to the podcast with Doug Hoyes to share his unique insights and research on where housing is heading, whether he sees mortgage rates coming back down, his thoughts on the employment rate and recession, and the show ends with the first-ever Debt Free in 30 wager   Links: Ben Rabidoux on Twitter https://twitter.com/BenRabidoux Edge Realty Analytics: https://edgeanalytics.ca/ Bank of Canada: Mortgage Rates: Bank of Canada: https://www.bankofcanada.ca/2022/06/financial-system-review-2022/#box1 Ontario Consumer Insolvency Statistics: https://www.hoyes.com/press/consumer-insolvency-statistics/ Statistics Canada, Household Savings Rate: https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3610011201 Episode #379, Will Housing Ever Be Affordable with Ben Rabidoux: https://www.youtube.com/watch?v=exHteyKX5Tg Bank of Canada, 5 Year Bond Yield: https://www.bankofcanada.ca/?p=39890 Monthly mortgage payment on a typical home: https://twitter.com/BenRabidoux/status/1528768057178476544 Rising Interest Rates: What Can You Do? https://www.hoyes.com/blog/rising-interest-rates-and-debt-what-can-you-do/ Average Toronto house prices: https://wowa.ca/toronto-housing-market Butler Mortgage (mortgage rates): https://www.butlermortgage.ca/mortgage-calculator/ Canada Historical Mortgage Rates: https://www.ratehub.ca/5-year-fixed-mortgage-rate-history Landlord Rescue Property Management https://landlordrescue.ca/ Statistics Canada. Table 14-10-0287-01  Labour force characteristics, monthly, seasonally adjusted and trend-cycle: https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1410028701 Statistics Canada. Table 36-10-0112-01  Current and capital accounts - Households, Canada, quarterly https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3610011201 Statistics Canada. Table 36-10-0639-01  Credit liabilities of households (x 1,000,000) https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3610063901     Time Stamps:   00:57 Will housing ever be affordable? 04:25 Have mortgage pre-approvals impacted prices? 10:01 Will mortgage rates come down in the next few months? 11:25 Doug thinks we are in a recession already; Ben disagrees 11:50 The unemployment rate is at 40 year lows 14:55 Is the household savings rate going to tank? 16:40 Are credit card balances increasing? 22:30 Will insolvencies go up soon? 28:02 Ben and Doug make a wager

The real estate market broke several records by the end of 2021, including prices. It is no surprise to anyone, especially homebuyers, that housing prices in the market have been rapidly rising. The pandemic has stirred the economic charts, and inflation is high. But with that being said, prices are disconnected from the fundamentals, which could lead to potential risk.    Today we're bringing a research expert who articulates and helps us understand what is going on in today's real estate market. Ben Rabidoux will spill out facts and give us updated figures on the market's current state. He is making sense of numbers through predictive real estate analysis and pragmatic solutions. Join us in today's talk as we geek out on some market research and bring in some fun!   Here are some of the key takeaways in today's episode: Making sense with numbers through predictive analysis in real estate How did the pandemic end up being so positive in the world of real estate? Interest rates and mortgage policy are two significant drivers on the demand side The housing market is one of the pillars of the Canadian economy Three types of direct investment in residential housing: New construction, Direct Renovations, and Ownership Transfer Cost Explaining the types of inflation and the weight that it brings to the economy Rising house prices are an issue for wealth and equality When affordability is so low, you lose tenants because they are buying a home. Affordability is a double-edged sword, it cuts both ways And a whole lot more…    Ben Rabidoux is the founder and president of North Cove Advisors, a boutique market research firm focusing on Canadian housing, macroeconomic, and household credit trends. Ben Rabidoux is the founder of Edge Realty Analytics. He leads a research team and has been featured in central Canadian media and international publications. His wits when it comes to data analysis is unparalleled.   =====

Ben Rabidoux does some of the best work in Canada at collecting the real estate data we're all interested in. On this episode of The Your Life! Your Terms! Show we dive into what he's currently seeing and his best forecasts for 2022. We chat interest rates, Vancouver supply, Calgary trends, population growth, policy changes in Canada and more. If you're an investor or soon to be investor, you don't want to miss this episode! You can learn more about Ben via Twitter @BenRabidoux or access his reports at www.EdgeAnalytics.ca

The price of the average home in Canada increased by a record $147,000 compared to last year. Is housing going up forever? How are first-time home buyers supposed to enter such a hot market? On today's podcast, Ben Rabidoux, founder of North Cove Advisors and Edge Realty Analytics, returns with his insights on the Canadian housing market and predictions for 2022. Ben also gives his thoughts on inflation, the impact on consumers if interest rates go up, and whether consumer debt levels will rise substantially in the coming months. Tune in for a great discussion!   Links Mentioned in the Show:   Podcast 94 What Happens to Debt When House Prices Fall: https://youtu.be/ETkZEc5FLYk Podcast 266 Real Estate, Personal Debt, and Recession Indicators: https://youtu.be/0TMRQ0f0_WQ Podcast 292 Debt, Frozen Real Estate, Cancelled HELOCs, and a Guaranteed Recession: https://youtu.be/fek4xUoIkrc Podcast 333 Mortgages, Consumer Debt and Delinquencies – What's Real & What's Fantasy: https://youtu.be/b-JYXZZ7eDQ Edge Realty Analytics: https://edgeanalytics.ca/ Ben Rabidoux on Twitter: https://twitter.com/BenRabidoux Employment chart, Statistics Canada: https://www150.statcan.gc.ca/n1/daily-quotidien/211105/cg-a001-eng.htm Labour force characteristics chart, Statistics Canada: https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1410028701 Canadian Real Estate Association Chart: https://www.crea.ca/housing-market-stats/mls-home-price-index/hpi-tool/ Current and capital accounts chart, Statistics Canada: https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3610011201 Hoyes Michalos Consumer Insolvency Statistics: https://www.hoyes.com/press/consumer-insolvency-statistics/     Time Stamps:   2:21 – The most important trend in the housing market today: inventory levels are plunging 5:43 – At what point will house prices start to fall? 6:54 – How did real estate prices get so high? 8:49 – If high prices for single family homes are partially a supply issue, why are we not building more single family houses? 12:09 – Why immigration numbers don't tell the full story about population growth 14:51 – Will inflation and interest rates increase in 2022?                          19:25 – Ben disagrees with Doug's deflationary prognostications for 2022 21:37 – Has employment bounced back to pre-pandemic levels?                       26:08 – Ben's predictions for 2022 28:52 – Are mortgage borrowers going variable or fixed on their mortgages now? 32:14 – Will debt levels increase in 2022?

Today we have a somewhat unique episode for all of our listeners, rounding up the news and information from the world of finance and investment before we welcome Ben Rabidoux back to the show. Ben was a guest on Episode 96, which aired early during the pandemic last year, and we are so happy to have him here for another appearance, to touch in with his real estate expertise, and his thoughts on the current issues facing the Canadian housing market. Ben is the Founder of Edge Realty Analytics and North Cove Advisors and is essentially a real estate analyst, which means he has many clients that are institutional investors and fund managers, who he helps with the real estate side of their portfolios. In this conversation, Ben gives us loads of insight into the current landscape of Canadian real estate, the roots of the contemporary conditions, and what the data can teach us about the high prices that are so prevalent at present. We also hear from Ben about some potential policy solutions, and how the pandemic has affected the rental market. So for all this and a whole lot more in today's episode, be sure to join us on the Rational Reminder Podcast.   Key Points From This Episode:   Some of the best media we have encountered recently; podcasts, documentaries, and more. [0:02:01.3] News from the community and why we had to ban a user for the first time. [0:03:46.1] Quick book reviews of the illuminating DeFi and the Future of Finance and Blockchain Bubble or Revolution. [0:07:05.8] Changes in the world of finance and investment; Walgreens' new bank account and beyond. [0:12:22.3] Today's listener question dealing with research-based investment decisions and frequently cited papers. [0:15:27.5] Recent research from Robert Novy-Marx and Fama and French on US value premiums and factors that matter. [0:22:01.3] How to view the possibility of a replication crisis in finance. [0:31:10.8] Findings on US exceptionalism and the relationship between national economic growth and returns. [0:33:49.6] Market crashes and the correlations between different countries. [0:37:12.6] Reflecting on Ben's appearance on the podcast during the early weeks of the pandemic. [0:39:38.3] The last few decades of the 20th century and how that explains the current climate. [0:43:50.2] The chronic issue of under-supply of housing from the industry. [0:45:30.1] Housing policies that would support the current rates of population growth. [0:48:20.4] Examples and thoughts on the recent house price increases. [0:48:48.6] Statistics of homes bought by investors; surprising numbers and data on purchases. [0:52:58.2] News from the rental market and the interesting ways the pandemic affected it. [0:57:05.1] Common Canadian perspectives on the potential for housing pricing to decline. [1:00:58.4] Ben's thoughts on possible solutions to the current problems in the housing sector. [1:03:47.6] The significant role of the private debt market in Canadian real estate. [1:08:02.2] What we can learn from historic data about the current housing prices. [1:12:15.1] Ben joins us for a round of questions from our Talking Sense cards about savings, happiness, and flow states! [1:15:27.4]

“People have been cooped up and they want to spend. And this is so bullish for the economy, I believe, over the next year. I think people are still dramatically underappreciating how strong the economy is going to be.“ – Ben Rabidoux    Connect with Ben Rabidoux: LinkedIn Twitter Selected links and people mentioned in this episode: North Cove Advisors Edge Realty Analytics Georgian College B20 Core Development Group Wilful Blindness by Sam Cooper Psychology of Money by Morgan Housel Edge Analytics newsletter Connect with REIN Canada REIN Canada CEO@reincanada.com REIN Channel Facebook Instagram Twitter SHOW NOTES [02:08] Patrick introduces his next TEDM guest and fellow research aficionado: Ben Rabidoux. [03:03] The Ben and Patrick Economic Road Show gets rolling! Ben apprises us of what he does in the world of business, and the product he provides for real estate professionals through Edge Realty Analytics. [08:40] Ben describes how he came to the intensive space of research and analysis with North Cove Advisors and Edge Realty Analytics. With a background in human physical geography, he made a stop at the teaching station with Georgian College which gave him access to great institutional academic data so he started posting thoughts on the economy. Requests for consulting work soon began and he quickly realized a research product was in demand. Ben also explains his previous concerns about the dynamics of the housing market and how his outlook changed after B20 and the failure of the foreign buyer's tax to generate a significant impact. With a decline in single family inventory, he found it difficult to see a meaningful slow down with active listings at 30-year lows. [16:23] Reminder: national economic and housing headlines are not necessarily indicative of regional economic climates! In 2018, large Canadian centres were seeing a lack of supply and high demand in the condos markets as young people were flocking to the city. Inevitably as life evolved this would lead to increased single-family demand, and a dramatic lack of supply was showing up; 2020 simply exacerbated that reality. [18:34] Ben provides insights from his research into housing inventory over the past five years. The supply underwent a dramatic drop, and he talks about why this occurred. [23:06] Single family detached space continues to be underdeveloped and the demand, whether rental or home ownership, is high. It's an interesting opportunity for investors whether they are in the cycle of selling inventory, or still playing the long game and holding for future gains. Mortgage paydown is always a reliable piece of an investor's strategy. [28:30] Patrick and Ben bandy about the true viability of large corporate builders who endeavour to develop large-scale single-family rentals. They each hold a slightly different view of that concept aside from agreement on the governmental bureaucratic barriers. [33:33] This segues into another component of increased demand for and speculation on single-family housing which is population, immigration targets, and foreign capital flows. [36:00] A breather in sales is the result of several things including the summer season, and fatigue from the state of the world over the past 18 months. It's all relative though as Ben explains, because the first quarter of 2021 hit such a statistical peak that although a slow down is happening, the market is still incredibly strong. Inventory supply on a national level (we know, national stats are misleading...) are at a record low. [40:18] Throwing a pandemic into the spokes of a typically predictable real estate cycle analysis, can turn that predictability on its head. Ben provides data he has researched and reported on as a starting point to explain the confusion of a Canadian housing market run-up during such an unusual recession. Part of it is a result of unprecedented actions by the Canadian government together with unprecedented ca...

Episode 120 – Ben Rabidoux – Deftly Deciphering Unusual Economic Terrain by Patrick Francey

Velma Ganssini of SOS First Aid and Safety Training has timely reminders about staying safe in - and on - the water; Our Haydn Watters introduces us to two extreme athletes, one who ran the entire Bruce Trail in nine days and another who completed a bike trip of over 1100 miles in three; Ben Rabidoux of Edge Realty Analytics in Owen Sound talks about the record-setting home sales in Peterborough and across the province; Urban designer Ken Greenwood discusses how the pandemic has led us to re-evaluate what works in our cities; A new report is calling attention to the barriers faced by Black women entrepreneurs across Canada; Consultant Chantelle Quow-Craig helped to analyze the research that was undertaken by the organization FoundHers; Jonathan Balcombe talks about his book, "Super Fly: The Unexpected Lives of the World's Most Successful Insects."; Gerald Evans is an infectious disease physician and professor with Queen's University's Department of Medicine addresses the confusion created by the World Health Organization's comments about mixing vaccines; Art lovers can visit a virtual exhibit by the Bruce County Museum. We hear from the artists putting together the 'Inspired Bruce County' show, Gayle Slinger and Margot Foster.

We are now 16 months into the Coronavirus pandemic, and everything has changed. Canadians have increased their savings rate and put a dent in their unsecured debt obligations. But are these trends going to last? Will savings go back down and credit card balances surge once the economy fully reopens? And will stress levels increase when we are back together in the workplace? Join guest Ted Michalos for a lively discussion on what's happening and what's next.   Time Stamps:   3:50 How much are Canadians saving now? 6:54 What's happening with credit card debt? 11:11 What's in store for the future? 20:00 When will things return to normal? 24:48 Practical advice   Related Links: Ep. 290 Dealing with Debt During COVID-19 https://youtu.be/lWmZDLaJ63o Ep. 291 COVID-19 & Debt Update: Dealing with your Creditors https://youtu.be/NPUSxwQR-pg Ep. 292 Debt, Frozen Real Estate, Cancelled HELOCs, and a Guaranteed Recession with Ben Rabidoux https://youtu.be/fek4xUoIkrc Ep. 295 The Vultures are Circling: COVID-19 & High-Interest Loans https://youtu.be/yLK40Eq0vZw Ep. 296 Dealing with Collection Calls in COVID-19: Debt Negotiations, Deferrals, and Credit Report Impact https://youtu.be/S86gnBEkeUY Statistics Canada. Table 36-10-0112-01 Current and capital accounts - Households, Canada, quarterly https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3610011201 Statistics Canada. Table 36-10-0639-01 Credit liabilities of households (x 1,000,000) https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3610063901

We get sun safety tips from Dr. Daniel Radin a dermatologist from Tecumseh, near Windsor; Earlier this week Minister of Seniors Deb Schulte announced that they would launch consultations on the term elder abuse. Establishing criteria will help the government design programs and policies to protect seniors.We have reaction from Samir Sinha the Director of Geriatrics at Sinai Health in Toronto; Condo developer Core Development Group aims to purchase one billion dollars worth of residential real estate which it will then rent out. What effect could this have on the already tight housing and rental markets? Ben Rabidoux, who provides professional analysis on real estate, offers his perspective; Tomorrow is Juneteenth, a holiday that commemorates the end of slavery in the United States. How is it significant for Canada? Syrus Marcus Ware, the co-founder of Black Lives Matter Canada offers his perspective; Christine Mitchell, the Economic Development Officer for The Town of Petawawa tells us about their new pop-up shops made from sea containers; Our happiness columnist Jennifer Moss talks about maintaining that sense of awe.

Ben Rabidoux does an excellent job of pulling Canadian economic data and separating signal from noise. On this episode of The Your Life! Your Terms! Show we get Ben's thoughts on housing, the economy, debt levels, interest rates, population trends, housing supply and a lot more. We absolutely love this stuff and Ben is one of the few in Canada who filter through avalanches of information to provide great insights. You can learn more about Ben's new real estate market intelligence service at www.EdgeAnalytics.ca and you can find him on Twitter @BenRabidoux

What explains the meteoric rise in Canadian home prices off of a backdrop of 3 million jobs initially lost back in early 2020 with many businesses forced to be shut down and with lockdown, after lockdown? Well if there’s one person who can help answer that question, you know it’s Ben Rabidoux. He’s going to dive deep into a number of factors that, taken together, may help you figure out what’s been happening. Here’s just a sample of the topics we cover in this episode: Most of the people who lost their jobs weren’t in a position to buy in the first placeThose who were, tended to see their financial situations improve during the pandemicLower interest rates have further increased debt servicing abilityPopulation dynamics negatively affected the rental market more than the resale marketChanging consumer preferences, and so much more. Grab your popcorn, because Ben Rabidoux is going to enlighten and entertain you in this episode of Mostly Money.Ben Rabidoux is the President of North Cove Advisors, a Canadian research firm that works exclusively with institutional investors around the world, by providing coverage of Canadian housing, macroeconomic and household credit trends. He has also just launched a new firm, Edge Realty Analytics, that provides market intelligence to real estate industry professionals. You can learn more at EdgeAnalytics.ca.LINKSTwitter: https://twitter.com/BenRabidouxEdge Realty Analytics: https://edgeanalytics.ca/North Cove Advisors: https://northcove.net/

Top stories today: Why the hell can people travel anywhere they want? Some may meet this title with animosity. But the science is showing that travel is playing a major part in dictating the increase in numbers. The Calm Hotline The city of Victoria has introduced what they're calling the ‘calm hotline'. Is this what we need right now? A healthy dose of calm? Indigenous vaccine priority leading to racist blowback Is this blowback fair? Indigenous people have been disadvantaged for ages, and how that they gain one advantage that is backed by science, people are being racist towards them?  Much more in the full episode! _____________ NAVIGATE THE PODCAST:  Chapter 1 Is it time to introduce travel restrictions, for real this time? Premier Horgan has kind of danced around this idea for months. But, the science is now showing that travel is driving permission. Also, the amount of people flying into Vancouver internationally is very troubling.  Chapter 2 The Victoria ‘calm hotline'  Chapter 3 The Political Panel: Travelling continues Sandy Garossino and Stephen Smart join us to talk about the spec tax being back in the news, and the fact that travel is still so commonplace in our Province.  Chapter 4 Financial aid to restaurants has arrived, is it enough? Today the BC Government announced that new benefits are in place for restaurants, up to 10,000 dollars. Is it enough? Dave Hannay, Co-owner of Brix & Mortar in Yaletown, doesn't think so.  Chapter 5 Whistler still a fun destination And, nothing seems to be stopping people from going even though it's a major transmission site.  We talk to Whistler Mayor Jack Crompton.  Chapter 6 Taxing the air above your head Small businesses are going to have to start paying taxes on the space above them. This is not a joke. Mike Harcourt has thoughts, Former BC Premier and NDP Leader    Former Mayor of Vancouver Chapter 7 Mortgage stress test might be revamped Which would be a huge relief to a lot of would-be home owners. Ben Rabidoux is President of North Cove Advisors, an information service for professional residential real estate market Chapter 8 Indigenous vaccine priority causing blowback Many are crying that this is unfair. Ignoring the reasons that Indigenous communities have been prioritized. _____________   Remember to wash your hands, practice physical distancing, and stay home at all costs if you are sick. We're not out of the woods yet!    The Lynda Steele Full Show podcast includes all the individual segments that can be found on the Lynda Steele Show page, digitally stitched together for your convenience.    Listen live online at globalnews.ca/radio/cknw/ 3-6 PM!

Which would be a huge relief to a lot of would-be home owners. Ben Rabidoux is President of North Cove Advisors, an information service for professional residential real estate market

As we enter 2021, some interesting trends are emerging: Canadian household savings rate is still high, yet so is our debt-to-income ratio; residential mortgages are also on a sharp rise. How do we explain this? Ben Rabidoux returns to share his insights on what’s really happening with debt, savings, and where he sees the real estate market heading. Ben also talks about the possibility of an inflationary environment in Canada as a result of the pandemic. You won’t want to miss this discussion, so tune in!   Related Links:   Ep. 292 Debt, Frozen Real Estate, Cancelled HELOCs, & Guaranteed Recession: https://www.youtube.com/watch?v=fek4xUoIkrc Ben Rabidoux on Twitter: https://twitter.com/BenRabidoux North Cove Advisors’ Website: https://northcove.net/ Statistics Canada Labour Force Survey: https://www150.statcan.gc.ca/n1/daily-quotidien/210108/dq210108a-eng.htm Household Saving Rate: https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3610011201 Statistics Canada Permanent Residents Data: https://open.canada.ca/data/en/dataset/f7e5498e-0ad8-4417-85c9-9b8aff9b9eda

In this episode Geoff Castle, Fixed Income Portfolio Manager, chats with Ben Rabidoux, President of North Cove Advisors. They discuss Ben’s background and his role at North Cove Advisors, how to navigate the Canadian real estate sector as well as the broader Canadian economy. Additional Resources: Canadian Credit Trends – October 2020

Macro risk vs. systemic risk - Ben Rabidoux of North Cove Advisors

The economic effects of the coronavirus pandemic have been unprecedented and the seismic shifts have caused numerous unforeseen challenges. While no-one could have predicted the enormity and speed of the current crash before it happened, several signs indicated that an economic contraction was on the horizon. Today’s guest, Ben Rabidoux, President of North Cove Advisors, a boutique research firm, is here to share some macroeconomic trends and what they tell us about the state of the Canadian economy. His research expertise includes Canadian housing, macroeconomic trends, and household credit. We kick off the episode with some listener feedback as well as a listener question, where we discuss how to incorporate unvested stock options into your personal financial planning. There are several ways to go about this and numerous factors to consider, so it’s important account for them all. Ben then dives straight in, giving us an overview of the economic landscape before the sudden upheaval. He sheds some light on population growth and its relationship to economic growth. As a great deal of the economic gains was coming from non-resident growth, the crisis is likely to change this. We also talk about personal debt and HELOC loans. Coming into the recession, the household debt service ratio was incredibly high, with interest rates at an all-time low. Ben walks us through how these vulnerabilities might pan out and what could happen with HELOC debt. Along with this, we also discuss the relationship between housing and economic growth, with some truly astonishing data from Canada, the changes that are likely to happen with rental supply, and Ben’s take on some personal finance topics. This show was an incredible overview of some of the larger forces at play, and it went a long way to paint a clearer overall picture. Be sure to tune in today!   Key Points From This Episode: Useful listener feedback and personal updates from Cameron and Benjamin. [0:01:50.0] Data points about the increase in value of the top five S&P 500 stocks. [0:03:46.0] A listener question about factoring company stock options into financial planning. [0:06:04.0] Learn more about Ben, the work he does, his research focus, and his clients. [0:10:22.0] Find out Ben’s take on active management vs index investing. [0:11:20.0] The state of the Canadian economy prior to the COVID-19 pandemic. [0:12:05.0] Canada’s recent explosive population growth and where that’s headed. [0:14:09.0] Consumer and corporate debt-level, the source, and important takeaways. [0:16:13.0] Why it’s difficult to draw parallels between the situation today and Japan in 1990. [0:03:43.2] How different Canadian regions’ employment has responded to the crisis. [0:22:59.0] Housing trends and the state of housing in Canada before coronavirus. [0:24:20] The direct and indirect way that housing affects economic growth. [0:27:48.0] Housing supply, construction activity, and rental market changes in Canada. [0:31:06.0] What the data is saying about real estate prices across all market segments. [0:36:57.0] Some of the economic shocks are temporary and will snap back quickly. [0:39:34.0] The economic conditions in Canada’s previous housing downturns. [0:41:16.0] Ben’s take on the Bank of Canada’s QE programme and how he thinks it’ll work. [0:44:07.0] Renting vs buying: Why Ben thinks there’s no generic answer. [0:47:53.0] Why landlords are often willing to charge rent that makes them a loss. [0:51:29.0] Ben's advice for building resilience to economic shocks. [0:52:47.0]

There are some indicators that rental costs will be going down soon! With more we chat with Ben Rabidoux.  Ben Rabidoux is President of North Cove Advisors, an information service for professional residential real estate market.  

Ben Rabidoux was the guest on podcast episode 266 in October 2019 where he correctly predicted lower interest rates, deflation and a weakening economy, and that was even without t foreseeing COVID-19. On today’s show he has many new predictions, including: Lenders will, very soon, lower HELOC borrowing availability, and likely convert HELOCs to regular loans requiring payments of interest and principal each month. He also predicts that residential rents will fall by 10%, and perhaps more in many markets. Many investors in second mortgages will be wiped out. Population growth will slow dramatically, and that, combined with a 95% reduction in Airbnb bookings will reduce house prices (but not immediately, because the real estate market is essentially frozen, with less buying and selling).​ It's a jam-packed episode with lots of insight and probably our longest show yet. Enjoy!   Time Stamps (if you want to skip ahead) 4:37 – The numbers are staggering; employment insurance claims could be as much as 20 times normal 5:20 – Q2 GDP could have a minus 20% to 30% annualized GDP growth (it was a third of that in the depths of the 2008-2009 recession) 6:58 – We aren’t epidemiologists; we have no clue when this will end; so far, if you believe the numbers, Canada is tracking under the worst countries, but it’s still early; hopefully social distancing will flatten the curve; Ben is optimistic and hopes 9:13 – big question is what is the hit to the economy, and how will it change consumer behaviour; the headlines will be scary for months; not likely a V shaped recovery 12:33 – our economy was built on consumer consumption, fueled by debt 14:00 – economic growth in the last five years has been levered around 80% of household consumption and residential investment (building, buying and selling houses).  Almost 2% of our economy is real estate transaction costs (realtor fees, legal fees) which is stunning. 17:00 – We are missing that population growth is largely from immigration, and a lot of that is from non-permanent residents 18:42 – 3.6% of the entire Canadian population is the non-permanent resident cohort, which has grown by over 200,000 in the last year, which has accounted for over a third of our total population growth.  It will shrink, and no-body is expecting that. 20:45 -  Airbnb rentals will be entering the long term rental pool; Airbnb has been decimated; big under-apr… GDP growth per capita was negative before the recession started. 22:35 – Isn’t this going to crash the real estate market? The real estate market is frozen.  No-one wants to buy or sell. 25:09 – Could rents go down 10%?  20%? 26:58 – will renovictions stop? 29:37 – if you are a renter now, is it likely there will be better deals in the future than there are today? 31:07 – Will we see structural change?  Will people get used to working from home, and will that impact the real estate market?  Will the suburbs be a big winner? 32:37 – Amazon will come out of this a big winner. Canadian Tire, not so much. 34:55 – Listener questions; Ben’s thoughts on secondary mortgage lenders (not the big banks). 36:17 - The average guy who invested in mortgages is at risk of getting wiped out 40:08 – Impact on mortgage insurers (CMHC, Genworth) is huge; in a foreclosure, the second mortgage holder may lose everything 41:45 – HELOCs – how big is our exposure? 44:48 – If the bank wanted to, they can call a HELOC at any time.  More likely, they will force amortization, and cancel HELOCs 47:50 – What the banks are going to do: 1. Cut limits on lines of credit; 2. Force amortization to turn lines of credit (both unsecured and HELOCs) into regular loans, with payments of principal and interest 53:40 – some words of encouragement and reasons for optimism

After a three year absence Ben Rabidoux is back on the show.  We start with the story of how he got sued for libel due to some tweets he sent out, and then we discuss how borrowers can deal with the more restrictive mortgage rules, and we discuss whether or not we are headed for a recession. It’s our longest show of the year, so far, so sit back and enjoy.

The most requested guest on Mostly Money is back to share what he's been seeing in real estate around Canada. Ben provides a quick survey from coast to coast on local real estate markets, looks beneath the headlines on the overall economy, and does a great pirate impersonation. You can follow Ben on twitter at @BenRabidoux and you can learn more about his company North Cove Advisors at http://www.northcove.net

Real estate analyst Ben Rabidoux joins Dan to discuss home ownership as an alternative to a traditional portfolio. Then Dan questions why investors would be attracted to ETFs that try to emulate hedge funds. Finally, he encourages Couch Potato investors to forget about keeping a “play money” account to trade individual stocks. For complete show notes on Keeping it Real With Ben Rabidoux, visit canadiancouchpotato.com/podcast.

This is turning into the Ben Rabidoux podcast. And I'm okay with that. Ben shares his thoughts on housing in Canada so far in 2018 and talks about his $175,000 legal bill incurred battling a real estate industry participant who didn't like the questions he was asking.

Seth Daniels, founding partner of JKD Capital, LLC, and Ben Rabidoux, president of North Cove Advisors, join Grant’s for a thorough analysis of the Canadian housing market and the potential consequences of a downturn. 1:42 Housing: Canada’s #economic engine 5:50 Parallels to the U.S. experience 10:00 Mortgage #fraud and bad actors 15:05 What sort of opportunities are available for #investors? Subscribe to the Grant's Podcast on iTunes, Stitcher, iHeart Radio, Google Play Music or listen from our website, www.grantspub.com

Talking real estate isn't a first for the Debt Free in 30 podcast. We've had many experts like Hilliard Macbeth, Ben Rabidoux, and Alex Avery provide their insight on whether renting is better than buying and vice versa. But we've never had the most obvious guest to talk real estate: an actual realtor. On today's show, we're chatting with Scott Ingram. Scott's not just a realtor, though. He's also a Chartered Professional Accountant. But what really sets him apart is that he likes to empower his buyers by educating them. On today’s show Scott Ingram tells us how many realtors there are in Toronto (it’s a huge number), and he tells us what real estate statistics we should watch, and which ones we should ignore.

The most requested guest on the podcast, Ben Rabidoux, is back to chat about the latest goings on in Canadian real estate and credit. Enjoy!

When this show first aired back at the end of November, 2016, the real estate markets were booming, and mortgages were easy to get, but my guest, Ben Rabidoux, had some very specific predictions. First, he predicted that Ontario would implement a foreign buyers tax, just like happened in Vancouver.  Bingo.  In April of this year, five months after we aired this interview, the Ontario government announced a 15% tax on foreign real estate buyers. Second, he also predicted that mortgages would be more difficult to get in 2017.  Right again, as the problems at Home Capital, one of the biggest alternative mortgage lenders in Canada made it a lot more difficult for some buyers to get a mortgage. So Ben was correct on these predictions, and a few others, so I’m not surprised with that track record that this was one of our most downloaded episodes.

There is a lot of chatter surrounding Canadian real estate, housing prices and mortgage rates.   Vancouver sales have started to drop but not in Ontario. Is there a housing bubble in Ontario? When will it burst?  Part of the answer might be in the next round of changes to Canada's mortgage rules. In today's podcast we talk about how this will affect your ability to obtain a new mortgage or refinance your existing mortgage. This week's guest is Ben Rabidoux, the founder of North Cove Advisors. They're a private research firm that advises big investors like pensions and mutual funds. Ben is predicting big changes in the mortgage and real estate markets in Ontario in 2017. What's changing? As you remember, show #110 focused on the new mortgage rules that came into play on October 17, 2016. These new rules put in place a stress test that would reduce the amount of mortgage a homeowner could qualify for if they were applying for an insured mortgage. This applied mainly to borrowers with a high-ratio mortgage (less than 20% down) but also to those with a regular mortgage as long as they had mortgage insurance. More rules come into play at the end of November 2016. The next set of changes will set limits on what types of mortgages can qualify for mortgage portfolio insurance, and these rules will apply even if the borrower has more than a 20% down payment.

Ben Rabidoux is back to share his insights into what has been happening in the Canadian real estate markets. Ben is one of Canada's leading housing and credit analysts.

Given today’s real estate market, it’s not surprising that the most popular podcast episodes of this year featured Hilliard MacBeth discussing his book, When The Bubble Bursts, Surviving the Canadian Real Estate Crash, and Ben Rabidoux sharing his thoughts on the Canadian real estate market. Clearly, listeners want to know if they should rent or if they should buy? While I am not a real estate expert, I want to help those who are trying to decide by comparing the different possible outcomes of renting vs buying. From our own Joe Debtor study, we know that home owners in high ratio mortgages are at an increased risk of becoming insolvent. The average insolvent home owner had a mortgage ratio of 90% and owed over $68,000 in unsecured debt. Why? Because most people focus on the mortgage payments and forget to pay attention to all the other costs associated with owning a home.

Our guest on today’s podcast, Ben Rabidoux is the President of North Cove Advisors, a macro research firm that works with institutional investors like mutual fund companies, hedge funds, and pensions, providing a broad view of the economy at any time. Today he visits Debt Free in 30 to share his insights on the current status and future of the Canadian housing market (and it’s not pretty).