In this episode of The Wise Old Owl Podcast, we welcome back Daniel Foch, a renowned expert in real estate and housing policies. We dive deep into the current administration's efforts to tackle the housing crisis, the impact of budget changes, and the recent hike in capital gains tax. Daniel shares his insights on accelerated depreciation for investors, the inefficiencies in Canada's permit processing times, and innovative solutions like the first home buyer savings account.

We explore the implications of increasing capital gains tax on investments and how it affects the housing market, with discussions on policies designed to incentivize longterm asset holding. We also touch on the challenges of the construction industry, the potential for modular homes, and the importance of natural resource management in Canada's economic future.

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