Aug 03 2023 26 mins 2
Welcome back to more real estate discussions. This week we are talking about unfair access to capital and how I suspect it is contributing to our unaffordable housing crisis in Canada. We've set up a system in Canada where the largest real estate players have the ability to access more capital and cheaper capital than smaller real estate developers. Capital is one of the largest barriers to entry into the development industry. is a similar dynamic to independent retailers trying to compete with the dominant retailers like Wal-Mart, LoBlaws, Amazon and so on. I dive into two rule changes that we made that allow REITs to grow into the dominant landlords they are, and how I see it has attracted capital in to our largest centers and left rural areas behind.
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