CAPREIT CEO Mark Kenney On The "Financialization Of Housing"

Mark Kenney, CEO of Canadian Apartment Properties REIT, argues against the narrative that the 'financialization of housing' is a major cause of Canada's housing crisis. He suggests Canada's housing issue is due to a lack of investment and development, compounded by a misguided perception of foreign investors. Kenney highlights the necessity for more private sector involvement to address housing supply and affordability issues. He also criticizes the government for an inadequate approach to social housing.