Fairness and Housing: A Realistic Perspective

Josh Perez • June 24, 2024

Before diving into the specifics of the upcoming budget, I want to step back and discuss the overarching theme of this budget in one word: fairness. For Canada to thrive, everyone needs to succeed. However, when we look at the current economy, it just doesn't feel very fair.

"Until we actually address supply crisis and building and providing enough housing for the amount of people that are in our country and that continue to migrate into the country, we will always have an affordability issue."

I'm of the belief that the sooner we understand that life isn't fair and cultivate gratitude for what we have, the less likely we are to lead lives filled with disappointment. This perspective is particularly relevant when it comes to housing, renting, and pricing. Many people are waiting for the government to implement policies that will make things more equitable, assuming that "fair" renting will translate into affordability. But the reality is, I just don't see that happening with the current policies.


We’ve recently experienced an interest rate market that was exceptionally low, driving real estate prices to unprecedented heights. This surge in prices has exacerbated the affordability crisis, making it even harder for many Canadians to find affordable housing.


The crux of the issue lies in the supply crisis. Until we address the need for more housing by building enough units to meet the demands of our growing population and those migrating to our country, we will continue to struggle with affordability. The focus should be on increasing supply to match demand, rather than relying solely on policy changes that have yet to prove effective.



In conclusion, while fairness is a noble goal, achieving it requires a realistic approach to the underlying issues. Addressing the housing supply crisis is crucial for making strides toward a fairer and more affordable housing market. By focusing on practical solutions and fostering gratitude for what we have, we can work towards a more equitable future for all Canadians.

Josh Perez
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What Older Canadians Should Know About Mortgage Financing

By Josh Perez • October 7, 2026
Retirement doesn’t always mean a mortgage-free life anymore. And that’s okay. Between higher home prices, rising living costs, and longer life expectancy, many Canadians are choosing to retire with a mortgage or refinance later in life to create more flexibility. The goal isn’t perfection. It’s having options that actually support the life you want to live. If you’re thinking about how a mortgage fits into your retirement years, you’re not alone—and you’re not out of options. Why work with an independent mortgage professional? Because retirement financing is not one-size-fits-all. Unlike a single bank, an independent mortgage professional can look across multiple lenders and solutions to find what truly fits your income, equity, and long-term plans—not just what one institution offers. Mortgage options available in retirement Traditional Mortgage Solutions Many retirees still qualify for standard mortgages. Pension income, investment income, and other retirement sources can often be used to support an application. If you have good equity and solid credit, this is often the lowest-cost option. Reverse Mortgages For homeowners 55+, a reverse mortgage can unlock tax-free equity from your home with no monthly payments required. There’s no income verification or medical questions, making it a helpful option for those who want to improve cash flow while staying in their home. Home Equity Line of Credit (HELOC) A HELOC allows you to access your home equity as needed and only pay interest on what you use. Many retirees appreciate the flexibility and like consolidating income and expenses in one place. Private Financing Sometimes life throws a curveball. If timing, income, or credit create challenges, private financing can act as a short-term bridge. It’s not usually the first choice, but it can provide solutions when traditional lenders can’t. If you’re approaching retirement—or already there—and wondering how your mortgage fits into the picture, let’s talk. A clear plan can make retirement feel a lot more secure and a lot less stressful.
Modern two-story house with a garage at sunset, warm lights on and a landscaped front yard

Self-Employed and Turned Down for a Mortgage? Your Income May Need a Different Approach

By Josh Perez • October 6, 2026
Self-employed in Ontario and denied a mortgage? Learn how lenders assess business income, documents, deposits, dividends, and alternative mortgage options.