Tag: Real Estate Market

Canadian Real Estate at a Crossroads with Mark Morris – Part 2 (Ep. 64)

Canadian Real Estate at a Crossroads with Mark Morris – Part 2 (Ep. 64)

Is Canada’s housing crisis really about supply, or about the policies shaping the market behind the scenes?

In this episode, John Soutsos continues his conversation with real estate lawyer Mark Morris, exploring what’s really driving the housing and commercial real estate slowdown in the Greater Toronto Area, and what it may take for the market to recover. John and Mark unpack how development fees, government policies, and changing economic realities are influencing the pace of construction and housing affordability. They also explore how different sectors, from residential to retail, office, and industrial real estate, may evolve over the coming years.

John and Mark discuss:

  • Why development charges and municipal policies can slow housing construction
  • The impact of government intervention on real estate cycles
  • When commercial real estate sectors like retail and office may recover
  • Practical strategies for first-time buyers trying to enter the housing market
  • And more!

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About Our Guest: 

Mark Morris is a real estate lawyer with more than 25 years of experience in Ontario. He is also a licensed real estate broker and has founded and operated multiple businesses connected to residential and commercial real estate. Through his legal practice and broader business experience, Mark brings both transactional insight and macroeconomic perspective to discussions around property markets and long-term economic trends.

Downsizing in Retirement: Is It the Right Move for You? (Ep. 31)

Downsizing in Retirement: Is It the Right Move for You? (Ep. 31)

Do you find the thought of downsizing in retirement daunting?

In this episode, John and Alex Soutsos talk about the complexities of retirement planning and downsizing in a real estate market that often defies expectations. Tackling key topics like maintaining a healthy lifestyle, unlocking capital through real estate, the pros and cons of reverse mortgages, and the emotional and financial impacts of losing a spouse, this episode offers listeners invaluable insights into navigating retirement. Whether you’re contemplating a smaller home or considering how to better support your adult children financially, John and Alex provide the guidance you need to make informed decisions. 

John and Alex discuss: 

  • (02:11) Helping Adult Children Financially Through Real Estate Equity
  • (03:26) Downsizing and Maintaining Mobility in Retirement
  • (07:51) Exploring Home Equity Lines of Credit and Reverse Mortgages
  • (11:34) Emotional and Financial Preparation for Losing a Spouse
  • (17:32) Preparing for the Death of the Final Spouse 
  • (20:33) Financial and Tax Implications at the Death of a Spouse
  • (24:33) Understanding Canadian Inheritance and Capital Gains Taxes
  • And more

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Did you like this episode? Don’t miss the next episode with tax expert Kim GC Moody as he returns to tackle taxes in professional sports and expatriation. Remember to subscribe to us on your favourite podcast channel for more empowering discussions!