Daniel Foch

speaker

1,195 appearances 3 recordings 1 series first heard May 2026 last heard 8 Jun

Daniel Foch’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months

Recordings per month over the last 12 months — 3 in all, peaking in May 2026 with 2.

Appearances

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The Canadian Investor · Are Canadian REITs Finally Cheap Enough to Buy? · 8 Jun 2026 podcast

But yeah, I would say that residential rentals, it's a very, very tough market right now.

Demand's been cut off and supply is continuing to flood, right?

Will supply start tapering off?

Maybe.

And that's probably where like you are starting to see housing starts weakening a little bit, at least in some of the other markets that seem to be overbuilt.

So like your Calgary's, Kelowna, you know, like some of the like Atlantic Canada.

So like Killam is a good example of a REIT that like is in a market like Halifax where I think 14% of Halifax's entire rental universe is under construction right now.

So like if their population doesn't grow at all, yeah.

And there's no new household formation, like vacancy is going to go up by an equivalent amount.

Yeah.

Like rent incentives in the city of Toronto are, are like four months rent and free parking and free internet and like all of these other things.

Right.

And in Toronto, where I mentioned supply will probably taper off in a lot of markets, Toronto is probably one market where it won't because we're still late in that cycle.

Toronto is still delivering from the condo boom, right?

All of the closings that are happening in Toronto right now are 2021 pre-construction condo purchases that are closing now.

So like-

Next year, you won't see as many condos.

A lot of the builders, they can't launch sites anymore.

You can't sell a pre-construction condo in Toronto.

So what are they doing?

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