Top 1% Realtor Reveals Canada's Housing Horror (Why He Holds Bitcoin)

Dec 9, 2025

Steve Saretsky, a top Vancouver realtor and co-host of the Loonie Hour, dives deep into Canada’s crumbling real estate landscape, triggered by a ruling on unceded land in BC. He reveals how this decision could make over 150 homes unfinanceable and lead to widespread property claims. The conversation explores the staggering drop in house prices and the shift of investors towards Bitcoin as a crucial hedge. Saretsky emphasizes Bitcoin's role in a failing housing system, especially for younger buyers locked out of ownership.

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INSIGHT

Coexisting Titles Create Finance Chaos

A BC Supreme Court ruling allowed First Nations' rights to 'coexist' with fee simple title, creating legal ambiguity over private property.
Steve Saretsky warns this makes many properties unfinanceable and unsellable until legal clarity returns.

ADVICE

Don’t Buy Disputed Land Without Big Discount

Avoid buying properties in disputed areas unless you can secure a 30–40% discount or legal resolution.
Steve Saretsky says many lenders will decline or heavily restrict new mortgages on impacted land.

INSIGHT

Ruling Sparks Wave Of Land Claims

The Richmond decision sets a precedent prompting many bands to pursue claims across BC and Canada.
Saretsky warns this could expand disputes to whole cities like Kamloops and even Ottawa.

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