Steve Saretsky

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.

In this enlightening discussion, Steve Saretsky, a top 1% realtor and insightful analyst from Vancouver, dives deep into the tumultuous landscape of the Canadian real estate market. He discusses the dramatic collapse of the condo market and the rising risk for developers and lenders alike. Steve explores why many sellers are still hesitant to adjust their expectations, addresses the growing affordability crisis for buyers, and analyzes the impact of immigration on housing demand. His candid insights reveal which markets still hold value and the enduring desire for detached homes among Canadians.