ChatGPT, Rentals.ca, Rent Control, and More with Max Steinman
Sync or Swim: The Multifamily Growth Show
Release Date: 05/31/2023
Tariffs, Interest Rates, and Canada’s Rental Market
Sync or Swim: The Multifamily Growth Show
Tariffs, Interest Rates, and Canada’s Rental Market In real estate, time is money, and at a time when tariffs are ever-changing, the housing and rental market are even more unpredictable than usual! Today on the Sync or Swim Podcast, we are joined by Tu Nguyen, an economist at RSM Canada, to discuss the recent tariff changes, interest rates, and the Canadian housing market. Tuning in, you’ll hear about how the new US tariffs are going to affect housing development and rent, how Canadian policy and market shifts can lessen the consequences of these tariff changes, how they will...
info_outline
Purpose-Built Rental Trends in the GTA
Sync or Swim: The Multifamily Growth Show
Is the GTA housing market oversupplied or just misunderstood? In this episode of Sync or Swim, host Max Steinman takes a deep dive into the purpose-built rental market with industry leaders Chrystal LeBlanc (BGO), Michelle Calloway (Fitzrovia), and Todd Spencer (Park Property Inc.). Together, they explore how their organizations are responding to shifting renter preferences, navigating condo oversupply challenges, and redefining the rental experience in the Greater Toronto Area. Tune in for expert advice on navigating Toronto's rental market, practical strategies for adapting to evolving...
info_outline
What CMHC's 2024 Fall Report Means for Canada's Rental Market
Sync or Swim: The Multifamily Growth Show
The Canada Mortgage and Housing Corporation (CMHC) has recently released its annual rental market report, and today, we sit down with its Deputy Chief Economist, Tania Bourassa-Ochoa to discuss what the report means for the future of housing in Canada. We begin with the work of CMHC and who its target market is before diving into its 2024 rental market report. Then, we unpack the recent rise of housing supply, how Montreal is a step ahead, why the number of multifamily units is beginning to match that of studio apartments, and how rent control measures may influence tenant behaviour and...
info_outline
Is Toronto Building Enough? Brad Bradford on Housing Supply
Sync or Swim: The Multifamily Growth Show
For most listeners of the show, the housing crisis is a very prominent issue; affecting careers and finances. But it is actually a much bigger conversation for the entire population of the city. Today, we are bringing you a very special episode of the Sync or Swim Podcast: a live recorded interview with Brad Bradford from the Toronto Roadshow! Tuning in, you’ll hear about Brad’s assessment of Toronto’s housing supply, the affordable housing crisis, the problems with old housing policies, and more! We delve into the political nature of housing in Toronto before discussing how to create a...
info_outline
Using AI to Predict the Future Cost of Rent
Sync or Swim: The Multifamily Growth Show
Imagine paying $5,600 a month in rent in Toronto by 2032. In this episode, Giacomo Ladas hosts Erkan Yönder, Associate Professor at Concordia’s John Molson School of Business, to unpack this projection and its far-reaching impacts. Using advanced AI models, Erkan’s recent study forecasts steep rental increases in Canada’s largest cities, driven by immigration, high demand, and supply constraints. Surprisingly, even a growing supply hasn’t eased rents due to overwhelming demand, creating an unsustainable market. Erkan and Giacomo explore...
info_outline
Inside the Market: A Conversation with Tom Storey
Sync or Swim: The Multifamily Growth Show
The housing market in Canada has done some very surprising things since 2020 and today on the Sync or Swim Podcast, Tom Storey joins us to share his thoughts on the market and tell us all about his podcast, the Tom Storey Show. Tuning in, you’ll hear all about Tom’s career, why he decided to start the Tom Storey Show, how condo prices have changed pre-COVID, why the rise in purpose-built rentals is only going to continue, and so much more! Tom stresses the importance of being educated on the rent-control date and what it means for landlords before telling us that renting in the short term...
info_outline
Enhancing Transparency in the Canadian Rental Market
Sync or Swim: The Multifamily Growth Show
Canada’s rental crisis is often oversimplified as a mere supply and demand issue. However, for today’s guest, Weiting Bollu, it became deeply personal after losing over $35,000 to delinquent tenants and navigating Ontario’s complex rental compliance laws. Her experiences led her to recognize the critical need for a transparent and cohesive rental ecosystem that rewards responsible behavior, essential for building a fair and sustainable rental market. Drawing on her extensive background in software product management across various sectors including education, telecommunications,...
info_outline
Unpacking the Truths and Myths of the Rental Market's Hottest Takes
Sync or Swim: The Multifamily Growth Show
Ever questioned the validity of the hot takes on Canada’s rental market? Then be sure to join us on this episode of the Sync or Swim podcast, as we dive into an open conversation and unpack the truths and myths of the rental market’s hottest takes. We are excited to have two incredible guests on the show, Max Steinman, the CEO at Rentsync & Rentals.ca, and Jenna Chick, the Director of Leasing at Fitzrovia. Together, we break down several hot takes prevalent in the Canadian rental market, including renting as a simple waste of money, Canada’s perceived low vacancy rates,...
info_outline
A Deep Dive into the Quebec Rental Market
Sync or Swim: The Multifamily Growth Show
Quebec is a unique area in Canada with distinct differences in culture that set it apart from other regions. Naturally, the rental market reflects these differences. Today on the Sync or Swim podcast, we are joined by Rentsync’s very own Quebec rental expert, Hudson Bytautas to take a deep dive into the Quebec rental market. Tuning in, you’ll hear about Hudson’s career journey, some surprising facts and trends in the Quebec rental market, how region-specific trends impact the market, key differences between the rental market in Quebec and other regions, and so much more! We delve into...
info_outline
Beyond the Toque: Raising the Roof Across Canada
Sync or Swim: The Multifamily Growth Show
Rentals.ca and Raising the Roof have announced an exciting new partnership! So today, we are thrilled to be joined by the Director of Housing Development at Raising the Roof, Adrian Dingle. We begin our conversation by learning about Raising the Roof: its origin story and history, what the company does, and why its new venture with Rentals.ca is a match made in heaven. Then, we discuss the standout achievements that gave Raising the Roof its stellar reputation, how it garners support from various branches of government, what a day in Adrian’s work life looks like, and what he looks for in an...
info_outlineThis episode of the Sync or Swim Podcast is incredibly exciting as we are joined by Rentsync’s CEO, Max Steinman, for the very first in-person episode! Tuning in, you will hear all about the amazing changes that have happened at Rentsync over the last year, namely the integration of ChatGPT, before we delve into how AI impacts the housing industry as a whole. We discuss how Rentals.ca has evolved, its new network, Rentsync’s tours module, and so much more! Next, Max shares his wisdom about the supply issue in the housing industry, what’s causing it, how to get rid of it, and why rent control is a huge issue. Financialization, according to Max, is just another word for capitalism, and in this episode, he tells us why we shouldn’t demonize it and why rent evictions are a problem. Finally, we end on a positive note as we discuss how commercial space is being transformed. Thanks for listening in!
Key Points From This Episode:
- Introducing today’s guest, Rentsync’s very own CEO, Max Steinman.
- Max takes us through some of the exciting changes that have happened at Rentsync.
- How we have integrated with ChatGPT and how it makes life easier for property managers.
- Max shares his thoughts on AI and how he sees it impacting the rental housing industry.
- The evolution of Rentals.ca over the past year.
- Our guest tells us about the Rentals.ca network and his excitement about that initiative.
- Rentsync’s new tours module and all about the tours webinar.
- Why Max thinks we’re facing a supply issue in the housing market and how to get out of it.
- The challenges with rent control and how, historically, it always has a negative outcome.
- Why Max believes that financialization is just a synonym for capitalism and his thoughts on it.
- Rent evictions and how a wedge is driven between the tenant and landlord’s best interests.
- The positive transformation of commercial space is happening in the market now.
Links Mentioned in Today’s Episode: