In an age of uncertainty, one thing is certain: there hasn’t been this much pessimism surrounding housing valuations since Expo 86. But will interest rate increases crash the market or will low inventory levels guide us to a soft landing? This week, UBC Sauder School of Business Prof Tom Davidoff once again joins Adam & Matt to talk all things real estate related in this volatile moment. What are his thoughts on Sim City & what does the election mean for Vancouver real estate? How far can the Bank of Canada push interest rates & will sellers capitulate? And when, if ever, will we leave this ‘new normal’ rate environment for the glory days of 1.5% rates locked in for 5 years? There is a lot to unpack here!
Vancouver Real Estate Podcast