Listen "TWIRE S25:E10 Why Hamilton’s Permit Process is Slowing Down Housing Growth"
Episode Synopsis
In this episode, Rob Golfi, Conrad Zurini, and Brian Hogben discuss the recent quarter-point drop in interest rates and its implications for the mortgage market. They explore the benefits of switching from three-year to five-year fixed-rate mortgages, especially in light of potential future rate increases. The conversation then shifts to the challenges faced by Hamilton in terms of development approvals, highlighting the lengthy wait times and cultural issues within the municipal workforce that hinder progress. The hosts emphasize the need for better leadership and a more efficient approval process to foster development in the region.
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