The Loonie Hour The Housing Bust Isn't Over Yet
21 snips
Nov 21, 2025 Home prices continue to decline despite an uptick in sales. British Columbia's cancellation of its EV sales target sparks a debate on hybrids versus full electric vehicles. Local real estate markets like Vancouver and Toronto face stubborn corrections despite national trends suggesting improvement. The backdrop of rising inflation and bond yields in Japan raises concerns about global economic stability. Hosts delve into the implications of these financial shifts, making for an insightful discussion.
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Monkman Exhibit Left A Strong Impression
- Steve Saretsky loved Kent Monkman's Montreal exhibit and bought a postcard to hang on his wall.
- He described the show as beautiful revisionist history that he could not stop looking at.
Buffalo Trip And Real Estate Eye-Opener
- Steve recounted flying to a Buffalo Bills game, tailgating, and paying about $600 a night to rent a house there.
- He noted Buffalo homes looked extremely cheap on Zillow and joked about rental math for game weekends.
BC Drops 2035 EV Sales Target
- The BC government scrapped its 2035 zero-emission vehicle sales mandate and $3,000 provincial EV rebate citing fiscal limits.
- Steve argued EV adoption had already slowed as subsidies were removed and affordability became the main constraint.