More Immigrants Coming in, Less Houses Being Built

The federal administration under Canada’s Liberal government has unveiled an ambitious proposal to substantially augment immigration intake with the goal of welcoming around 500,000 new immigrants each year by 2025. In today’s episode, Adrian Trott and Ariel Kormendy discuss the effects of this plan on Canada’s current housing shortage and ridiculous rental prices and what the government could do to alleviate this crisis.


0:14 – Intro
2:00 – Ariel’s little rant (realtors should read the listing information properly)
9:39 – Knowing a realtor personally can be an advantage
10:00 – Housing and immigration issues in Canada
10:27 – More immigrants coming in, less houses being built
14:37 – Should the government open up conservation areas for houses to be built in?
17:34 – There are house constructions put on hold due to high prices
19:53 – You have to go further out from the GTA to find lower rental prices
22:59 – Is government housing the solution to the housing problem?
24:05 – 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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