🎙️ Episode 75: The Illusion of Affordability — What’s Really Driving Canada’s Housing Crisis

In this episode of The Real Deal Pod, Allister Carrington and Geoff Lee unpack the growing conversation around “housing affordability” — and why government policy may be addressing the symptom, not the source.

 

From Metro Vancouver’s staggering 326% home price increase over the past 30 years to the Minister of Housing’s recent claim that “average home prices must fall to restore affordability,” Allister and Geoff break it down with clarity, insight, and perspective.

 

They also tackle the rise in mortgage fraud, the myths about “average prices,” and what these realities mean for today’s homeowners, buyers, and investors.

 

🎧 Tune in to learn:

 

• Why average home prices can’t drop without real price correction

• How market demand, supply, and policy truly interact

• What agents and buyers should be watching heading into 2026

 

💡 Did ya know?

Trying to lower the national average home price without actual price drops is like saying you want the temperature of the room to drop — but no one should feel colder.

 

🎙️ Hosts:

Allister Carrington, Realtor® – Royal LePage Little Oak

Geoff Lee, Mortgage Broker – GLM Mortgage Group

 

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