Are you wondering why rental prices have been skyrocketing? There are many underlying factors behind the increasing rental costs and decreasing cost-effective places to live. Watch today's episode as Ariel and Adrian break down why housing has become so unaffordable and explain the economics behind this rising market. ************************ 0:15 – Intro 0:45 – High demand and low vacancy rates 1:45 – Increase in immigration 2:08 – Fewer homes available/less new construction 2:29 – Investors have been on the sidelines 4:28 – Rising cost of building materials and labour 5:33 – The good homes go quickly ************************ Want more real estate podcast discussions? Watch it here: youtu.be/uLhNb8fdHt4 Listen to it here: http://www.soundcloud.com/ktrealty Catch clips and highlights of the show here: http://www.instagram.com/kormendytrott ************************ Our Social: Instagram: www.instagram.com/kormendytrott
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Twitter: www.twitter.com/KormendyTrott Soundcloud:http://www.soundcloud.com/ktrealty 
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Pinterest: www.pinterest.ca/KormendyTrott 
TikTok: www.tiktok.com/@kormendytrott?lang=en ************************ After successful careers in the automotive industry, entrepreneurs Ariel Kormendy and Adrian Trott decided to inject their passion for growing a brand and providing unrivalled service into the real estate industry. Kicking off their careers in 2011, they quickly became a top-performing team in Canada. Originally a team of two real estate agents in Milton, The KT Team quickly grew to a large team of exceptional REALTORS®, an administrative department and an in-house media department, taking their proven processes and unique services across most of the Golden Horseshoe. Follow them on social for behind-the-scenes footage, real estate tips, industry secrets and more.