Doug Ford’s Greenbelt U-Turn: How Will this Affect the Real Estate Market?

In a surprising turn of events, Ontario Premier Doug Ford has reversed his government’s controversial plan to open up the Greenbelt for the development of 50,000 residential houses. Ariel and Adrian provide their unique insights and perspectives on how this unexpected reversal may shape the future of the real estate market and discover the potential impact of these developments on the real estate landscape, property values, and investment opportunities in Ontario. Watch Episode 256 now to learn more!


0:17 – Intro
1:34 – Property owners got approval to build on Greenbelt land even after Doug Ford’s reversal
4:34 – Green spaces need to be opened up for residential development
6:35 – The initial plan was to create 50,000 homes on Greenbelt land
8:04 – Nobody is talking about commercial and industrial development
9:48 – Milton is rapidly growing
16:34 – Developers prioritize high-rise buildings that are 12 floors and higher
18:23 – Outro/recap


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In 2011, Ariel Kormendy and Adrian Trott formed The Kormendy Trott Team, now often referred to as KT (thanks to our logo!). The foundation of KT is built on providing unmatched value and attention to detail in everything we do. From our ever-expanding, comprehensive list of exclusive services to our expertly trained team, you will receive the highest level of care throughout your entire real estate journey.

Originally a team of two in Milton, Ontario, the KT Team has grown into a large team of exceptional REALTORS®, a client-care department, and now includes KT media, KT Commercial and KT Property Management to provide our clients with a complete lineup of genuine, professional, and proven services across Halton Region, Peel Region and the surrounding Regions within the Greater Toronto Area.

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