Real Estate aficionado. Vancouver Realtor & investor. Host of The Loonie Hour podcast.

Vancouver, BC
Joined March 2010
New condo sales in Metro Vancouver are tracking even lower than last year, like 50% lower. The pre-sale condo market is completely dead.
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The first thing a BC Conservative government should do is take the deal the Feds already offered them, a complete removal of the 5% GST on new housing.
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Congrats to @LDoerkson, on a sweeping victory and the next premier of BC! If you don’t know who Lorne is or what he stands for I had the pleasure of interviewing him in depth before the election. youtu.be/vVLHlX7AUEg?si=xeWc…
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Eby’s decision to call a snap election pretty much sums up the 4 years of his leadership. Total shit show. Conservative majority called just 30 mins after the polls closed.
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Steve Saretsky retweeted
Hey B.C. Voters, I figured you should know what you’re getting with PC Leader Lorne Doerkson: Years ago, I was living in a cabin and every pipe froze. He, his wife (and new baby) took me in on the spot. Wouldn’t accept rent. That’s who you’re voting for.
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Pretty much what you’d expect here.
This is a draft map, but it shows who voted where for Mayor of the City of Vancouver in 2026. A final map will be issued later, but the patterns will likely be the same #vanpoli #vanre
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Residential mortgage credit growth remains anemic in Canada. Falling home prices and a stagnant economy means little demand for new mortgages.
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Ok 24 units on a 7000sqft lot is bananas.
This is Vancouver's very first proposal to build a low-rise, multi-unit residential building on a small single-family lot under the new single-staircase building rules. A 6-storey, wood-frame building with 24 family-sized units. #vanre #vanpoli dailyhive.com/vancouver/2150…
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Steve Saretsky retweeted
In 2 weeks (and it will be 7 months late), Canada will release their budget. And it will likely show a balanced (OPERATING) budget. The MSM, and propaganda machines will gaslight you into believing the magic. Here's National Bank's accounting for the magic.
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🚨 𝗦𝗼 𝗶𝘁 𝗕𝗲𝗴𝗶𝗻𝘀: Someone got quoted $𝟰𝟬,𝟬𝟬𝟬 𝗳𝗼𝗿 𝟳𝟬 𝗽𝗼𝗶𝗻𝘁𝘀 𝗝𝗼𝗯 𝗢𝗳𝗳𝗲𝗿 in a Trucking Company at a Manager Position (NOC: 70020) falling under 1.5 times category. 𝗖𝗼𝗻𝗴𝗿𝗮𝘁𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀 👏 @LenaMetlegeDiab you have undone all our years of effort to restore integrity under Express Entry system.
🚨🧵 𝗖𝗮𝗻𝗮𝗱𝗮’𝘀 𝗡𝗘𝗪 “𝗟𝗮𝗯𝗼𝘂𝗿 𝗠𝗮𝗿𝗸𝗲𝘁 𝗜𝗻𝘁𝗲𝗴𝗿𝗮𝘁𝗶𝗼𝗻” is NOT Just 𝗔𝗻𝗼𝘁𝗵𝗲𝗿 𝗜𝗺𝗺𝗶𝗴𝗿𝗮𝘁𝗶𝗼𝗻 𝗦𝗰𝗮𝗺 𝗶𝗻 𝘁𝗵𝗲 𝗠𝗮𝗸𝗶𝗻𝗴? 🇨🇦💰 How could the proposed 150 CRS “Labour Market Integration” system become 𝗮𝗻 𝗲𝘃𝗲𝗻 𝗯𝗶𝗴𝗴𝗲𝗿 𝗳𝗿𝗮𝘂𝗱 𝗿𝗶𝘀𝗸 than the infamous 50-point LMIA scandal? This could prove to be 𝗼𝗻𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗺𝗼𝘀𝘁 𝗱𝗮𝗺𝗮𝗴𝗶𝗻𝗴 𝗽𝗼𝗹𝗶𝗰𝘆 𝗱𝗲𝗰𝗶𝘀𝗶𝗼𝗻𝘀 𝗶𝗻 𝗖𝗮𝗻𝗮𝗱𝗶𝗮𝗻 𝗶𝗺𝗺𝗶𝗴𝗿𝗮𝘁𝗶𝗼𝗻 𝗵𝗶𝘀𝘁𝗼𝗿𝘆. 🇨🇦 Immigration Minister @LenaMetlegeDiab risks undoing years of efforts to restore integrity and public confidence in Canada’s immigration system. 𝗛𝗲𝗿𝗲’𝘀 𝘄𝗵𝘆. 1/5👇
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Maybe we aren’t doomed after all 😂 @PtFry
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Boomers don’t want your multiplexes
One issue we dug into on our Global BC municipal election night panel was how much Bill 44 drove the anti-incumbency vote. Plenty of factors shaped each community, but I expect significant pushback on Bill 44 no matter who wins provincially on Saturday. #bcpoli #vanpoli
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Steve Saretsky retweeted
The Bank of Canada's Three Preferred Measures of Core Inflation continue to trend lower.
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Tough day for Eby. The entire media has turned against him
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Something about greedy developers not cutting their prices…
Corporations buying new condos in bulk paid an average of $763psf A 40% discount from the original sale price
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Here’s the newly elected COPE party yelling about the “cruel austerity of capitalism” “We didn’t start this class war but we’re going to own it.” Sir, you’re a city councillor. Pave the roads, pick up the trash and maintain the community centers. It’s a sad day when city officials turn this into a platform to spew woke ideologies instead of focusing on delivering core services for the community.
Vancouver just elected COPE’s Solomon Yi-Kieran, who decries the “cruel austerity of capitalism” and yells “we didn’t start this class war but we’re going to own it.” Voters, is this what you signed up for?
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The self-proclaimed communist just got the most votes of any Vancouver city councillor, and that just about sums up this election. Thanks for playing, comrades.
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The housing bust in Canada is nearly 5 years old. It's following a similar trajectory as the United States during the Global Financial Crisis.
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