Low Down Payments Could Backfire | Episode 85

Why Some Homes Sell Fast and Others Sit with Steve Karrasch | Episode 90

Send us Fan Mail [https://www.buzzsprout.com/2399366/fan_mail/new] Schedule a call: http://www.calendly.com/alexpangmortgage [http://www.calendly.com/alexpangmortgage] In Episode 90 of The Canadian Mortgage Show, Alex Pang and Alex Shanks sit down with Steve Karrasch, Surrey realtor with Macdonald Realty and co-host of The Tom Storey Show. Steve breaks down what he is seeing in the Lower Mainland and Greater Vancouver real estate market, including why some properties are still getting multiple offers while others are sitting with no showings. The conversation also dives into AI in real estate, seller overconfidence, bad pricing, listing mistakes, foreign buyer rules, open bidding, dual agency, and why today’s market is forcing sellers to face reality. If you are buying, selling, investing, or working in Canadian real estate, this episode gives a direct look at the market from people who are actively inside it. Podcast Social Links: Website: https://canadianmortgageshow.com/ Instagram: https://www.instagram.com/canadianmortgageshow/ Facebook: https://www.facebook.com/canadianmortgageshow/ Follow Our Hosts: Alex Pang  Tiktok: https://www.tiktok.com/@alexpangmortgage/ Instagram: https://www.instagram.com/alexpangmortgage/ Alex Shanks  Tiktok: https://www.tiktok.com/@mortgagemanagement/ Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

BC Is Coming After Homebuyers for More Property Transfer Tax | Episode 89

Send us Fan Mail [https://www.buzzsprout.com/2399366/fan_mail/new] Schedule a call: http://www.calendly.com/alexpangmortgage [http://www.calendly.com/alexpangmortgage ] In Episode 89 of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down a shocking situation involving a BC homebuyer who purchased a presale property years ago and is now being chased by the Ministry of Finance for additional property transfer tax. The conversation opens with a surprising story: a client bought during the 2021 to 2022 market peak, paid the required GST and property transfer tax, and years later received a letter from the BC government claiming the property may have been purchased below market value. The hosts unpack why this can happen, how fair market value rules work, and why this could become a bigger issue as government revenues tighten. From there, they dive into Canada’s broader affordability crisis, rising CPI, grocery and fuel costs, higher insolvency numbers, and the painful reality facing homeowners carrying too much consumer debt. Alex Shanks gives a blunt warning: owning a home is powerful, but it should not financially destroy you. Sometimes selling, renting, and restarting may be the smarter move. The episode also covers mortgage rate volatility, bond yields, Bank of Canada expectations, government infrastructure promises, nuclear energy investment in Ontario, Dunkin Donuts returning to Canada, Tim Hortons’ hiring response, Alberta aviation jobs, Vancouver’s natural gas debate, AI data centers in BC, and whether the FIFA World Cup will actually deliver the economic boost Vancouver was promised. This episode is a sharp look at housing, taxes, affordability, and the strange signals emerging across Canada’s economy. Podcast Social Links: Website: https://canadianmortgageshow.com/ Instagram: https://www.instagram.com/canadianmortgageshow/ Facebook: https://www.facebook.com/canadianmortgageshow/ Follow Our Hosts: Alex Pang  Tiktok: https://www.tiktok.com/@alexpangmortgage/ Instagram: https://www.instagram.com/alexpangmortgage/ Alex Shanks  Tiktok: https://www.tiktok.com/@mortgagemanagement/ Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

Young Canadians Can’t Find Work | Episode 88

Send us Fan Mail [https://www.buzzsprout.com/2399366/fan_mail/new] Schedule a call http://www.calendly.com/alexpangmortgage [http://www.calendly.com/alexpangmortgage ] Canada’s mortgage and housing market is getting harder to read. In this episode of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down the latest signs of stress in the Canadian economy, including job losses, rising unemployment, youth job struggles, expensive unsold condos, and the growing uncertainty around mortgage rates. They also discuss why more borrowers are looking at variable-rate mortgages again, why the 3-year fixed mortgage remains a popular middle ground, and why choosing the wrong mortgage product could become expensive if your life plans change. The biggest warning in this episode? A closer look at the 1% down mortgage program in Steinbach, Manitoba. On paper, it sounds like an affordable path into homeownership. But once you look at the higher interest rate, restrictions, possible hidden costs, and utility concerns, the deal may not be as simple as it seems. Also covered in this episode: Canada’s April job losses and rising unemployment Why youth unemployment is becoming a major concern Vancouver and Burnaby’s expensive unsold condo inventory Why companies are buying new condos in bulk and turning them into rentals The debate between variable rates and 3-year fixed mortgages Why Quebec remains resistant to pipeline projects The hidden risks behind “too good to be true” housing offers If you are renewing your mortgage, buying a home, investing in real estate, or trying to understand where Canada’s housing market is headed, this episode is for you. Subscribe for more honest conversations about mortgages, real estate, rates, renewals, and the Canadian housing market. Podcast Social Links: Website: https://canadianmortgageshow.com/ Instagram: https://www.instagram.com/canadianmortgageshow/ Facebook: https://www.facebook.com/canadianmortgageshow/ Follow Our Hosts: Alex Pang  Tiktok: https://www.tiktok.com/@alexpangmortgage/ Instagram: https://www.instagram.com/alexpangmortgage/ Alex Shanks  Tiktok: https://www.tiktok.com/@mortgagemanagement/ Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

Canada Needs Growth Beyond Real Estate | Episode 87

Send us Fan Mail [https://www.buzzsprout.com/2399366/fan_mail/new] Schedule a call: http://www.calendly.com/alexpangmortgage [http://www.calendly.com/alexpangmortgage ] Canada’s economy has leaned heavily on real estate for years, but what happens when housing can no longer carry the country? In this episode of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down a wide-ranging week of Canadian economic news, including Kelowna’s exemption from BC short-term rental rules, ongoing uncertainty around DRIPA and First Nations policy, and the approval of Enbridge’s $4 billion Sunrise pipeline expansion. They also discuss why Canada’s dependence on real estate may be holding back long-term prosperity, how modular and manufactured housing could help address supply challenges, and why the “right kind of housing supply” matters more than simply building more units. The conversation also touches on Canada’s strong export numbers, AirAsia’s major order of Canadian-made Airbus A220 jets, immigration tracking, and the growing role of AI in customer service. It’s a practical and timely discussion about housing, policy, productivity, and the future direction of Canada’s economy. Podcast Social Links: Website: https://canadianmortgageshow.com/ Instagram: https://www.instagram.com/canadianmortgageshow/ Facebook: https://www.facebook.com/canadianmortgageshow/ Follow Our Hosts: Alex Pang  Tiktok: https://www.tiktok.com/@alexpangmortgage/ Instagram: https://www.instagram.com/alexpangmortgage/ Alex Shanks  Tiktok: https://www.tiktok.com/@mortgagemanagement/ Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

Frozen Rates, Falling Rents, and a Housing Market Reset | Episode 86

Send us Fan Mail [https://www.buzzsprout.com/2399366/fan_mail/new] http://www.calendly.com/alexpangmortgage [http://www.calendly.com/alexpangmortgage ] In Episode 86 of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down another strange week in Canadian real estate, mortgages, and the economy. The Bank of Canada is staying in “wait and see” mode, but with inflation pressure, oil prices, war risk, and a slowing economy all colliding at once, the big question is whether rates can really stay frozen for long. The hosts also dig into the GTA pre-sale market hitting historic lows, falling rents, rising rental vacancy, and why landlords and investors are starting to feel the pressure. They also cover a surprising 1% down payment home program in Manitoba, the risks and opportunities behind it, Canada’s proposed $25 billion sovereign wealth fund, political drama around floor crossing, Canada Post’s massive losses, Rogers layoffs, and the potential Real Broker and RE/MAX deal. From interest rates to housing supply, rental softness, job losses, and affordability experiments, this episode asks the real question: is Canada’s housing market simply cooling, or are we watching a bigger reset unfold? Podcast Social Links: Website: https://canadianmortgageshow.com/ Instagram: https://www.instagram.com/canadianmortgageshow/ Facebook: https://www.facebook.com/canadianmortgageshow/ Follow Our Hosts: Alex Pang  Tiktok: https://www.tiktok.com/@alexpangmortgage/ Instagram: https://www.instagram.com/alexpangmortgage/ Alex Shanks  Tiktok: https://www.tiktok.com/@mortgagemanagement/ Instagram: https://www.instagram.com/alexshanksmortgagemanagement/