In this episode of the Toronto Real Estate Podcast, we sit down with industry veteran Scott Shallow, Executive Vice President at Brad J. Lamb Realty, for an honest conversation about the state of Toronto’s pre-construction condo market. Joined by hosts Ralph Fox and Kori Marin, Scott shares his frontline perspective on why high-rise development has come to a halt, what’s causing investor defaults, and why the math simply doesn’t work for buyers or builders right now. From skyrocketing development charges and government red tape to an exodus from the downtown core, we explore the complex web of challenges gripping the market. Scott also weighs in on condo mismanagement, the real cost of affordability, and why government-led housing plans are more fantasy than solution. The conversation takes a turn into the future of development, long-term investor sentiment, and what needs to change to bring the market back to life. Whether you're a first-time buyer, seasoned investor, or just trying to make sense of the headlines, this episode pulls no punches and offers rare insight from the inside.

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Speakers:

Ralph Fox (Co-Founder and Broker of Record at Fox Marin)

Kori Marin (Co-Founder and Broker at Fox Marin)

Scott Shallow (Executive Vice President at Brad J. Lamb Realty)