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The Canadian Mortgage Show

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

Send us Fan Mail Schedule a call: 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 Schedule a call: 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/

Canada Needs Growth Beyond Real Estate | Episode 88

Send us Fan Mail Schedule a call: 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/