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Below is a brief interview with Peter Gilgan from Bloomberg North. Peter is the CEO of Mattamy Homes, which is the largest home builder in the Greater Toronto Area.
In this video he talks about his concerns around a housing bubble and how the government is choking off housing supply in this region – leaving his sales offices mostly closed.
He’s absolutely right in that everything does seem to take longer, and longer. But I suspect that some of you will debate his comment that homeownership should be considered a right.
Is renting a bad thing?
If you can’t see the video below, click here.