The Canadian Housing Crash Just Entered "PHASE 2"

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We experienced a housing crash in 2022, but is it over? Or is it just entering phase two?

In this week's episode of The Tom Storey Show, Steve Karrasch and Tom Storey share a car ride on their way to a Real Estate conference and discuss the market, some car games and which restaurant has the best hot chicken sandwich.

Enjoy!
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AUDIO PODCAST LINKS:
Spotify: https://open.spotify.com/show/7wEEPUUhaC8g2CsIwJetbd
Apple Podcast: https://podcasts.apple.com/.../the-tom.../id1627632474
Amazon: https://music.amazon.ca/.../the-tom-storey-show-with...?

TOM STOREY
Tom's YouTube Channel: https://www.youtube.com/c/TomStorey/videos
The Storey Team, Royal LePage Signature: https://storeyteam.ca/
Instagram: https://www.instagram.com/thestoreyteam/
FaceBook: https://www.facebook.com/thestoreyteam

STEVE KARRASCH
Steve's YouTube Channel: https://www.youtube.com/c/KarraschRealProperties/videos
Karrasch Real Properties, Macdonald Realty: https://www.krproperties.ca/
Instagram: https://www.instagram.com/karrasch_real_properties/
FaceBook: https://www.facebook.com/KarraschRealProperties/

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Podcast Chapters:

00:00 Overview of the Real Estate Crash
5:00 Market Comparisons and Trends
10:00 The Role of Agents in Real Estate Showings
16:08 Real Estate Dynamics in Vancouver
18:01 Ranking Canadian Cities
24:04 Indigenous Land Claims and Housing Concerns
30:08 Real Estate Scandals in Canada
32:12 Accountability Issues in Real Estate Regulation
35:00 Real Estate Regulation Challenges in British Columbia
36:25 Public Perception of Real Estate Issues
37:50 Market Shakeup Due to Regulatory Changes
39:10 Ranking Toronto Neighborhoods
43:15 Real Estate Investments and Tenancy Issues
48:50 Experiences with Airlines and Travel Delays
51:16 Market Analysis and Future Predictions
54:30 Real Estate Development and Urban Living
56:20 Political Landscape and Urban Governance
1:00:30 Conference Insights and Real Estate Strategies
1:04:14 AI in Real Estate: Challenges and Opportunities
1:08:01 AI in Daily Life: Personal Experiences
1:09:24 Anticipating Industry Trends

The opinions expressed herein are solely that of Steve Karrasch PREC and Tom Storey, not Macdonald Realty, Royal LePage Signature, TREB or the FVREB and should not be misconstrued as advice or the basis of an agency relationship whatsoever. Nor should any of this content be considered or used as financial advice. Please consult your professional advisor prior to taking action on any decisions relating to the matters discussed in these videos. This communication is not intended to cause or induce breach of an existing agency agreement.