2: The Biggest Investment Risk in Vancouver's Real Estate Market with The Loonie Hour's Steve Saretsky
Episode 2March 24, 202634m 9s

2: The Biggest Investment Risk in Vancouver's Real Estate Market with The Loonie Hour's Steve Saretsky

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In this episode, we're joined by Steve Saretsky. Steve is the Owner of the Saretsky Group from Vancouver, BC, who is also a Vancouver Realtor, real estate investor, YouTuber, and co-host of The Loonie Hour podcast.


Steve is widely considered a thought leader in the industry with regular appearances on Bloomberg, CBC, The Vancouver Sun, and various other media outlets. Steve’s dedication to analyzing the stats, financial landscape, and policies affecting Vancouver Real Estate have allowed him to build a successful business among the top 1% of Greater Vancouver Realtors while working with and providing advisory services to investment advisors, financial institutions, policy makers and real estate developers.


The Saretsky Group is a team of trusted real estate advisors working with buyers and sellers of residential property in the city of Vancouver.


Steve is here to discuss:


→ His journey in real estate so far and becoming a successful, no BS market commentator.


→ Current trends in the Vancouver real estate market, where in 2025 annual home sales in the city dropped to their lowest level in 25 years, and why condo sales have plummeted.


→ How the market could be stimulated today, the overblown mortgage renewal panic, and market reality vs Realtor bias on social media.


→ The biggest investment risk today, Vancouver's current rental overbuilding, and the subsequent rental market collapse.


→ Where Vancouver will be in 5-10 years - 0 new condo development completions, stagnant home values, and the recovery outlook into the 2030s.


→ Why now could be the best time to buy real estate since 2012, and his predictions for interest rates.


→ The biggest myth in real estate, it will always go up, and the most impactful investment advice he received.


Saretsky Group Website: www.saretskygroup.com

Steve Saretsky's LinkedIn: @SteveSaretsky

Steve Saretsky's Instagram: @stevesaretsky

Steve Saretsky's X: @SteveSaretsky

Steve Saretsky's YouTube: @saretsky

Steve Saretky's LinkTree: @stevesaretsky

The Loonie Hour Podcast Website: www.thelooniehour.ca

The Loonie Hour Podcast LinkTree: @looniehour

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CHAPTERS

0:00 Intro

0:26 Today's Guest: Steve Saretsky

3:22 Current Market Trends in Vancouver

5:53 How Long Until the Market Sentiment Turns Positive?

7:57 The Best Time to Buy Real Estate Since 2012

11:02 Are Realtors Being Truthful About the Market on Their Social Media?

12:55 The Biggest Investment Risk - Vancouver's Overbuilding Crisis and Rental Market Collapse

15:02 Vancouver in 5-10 Years - 0 Condo Completions & Stagnant Home Values

19:17 How the Market Could be Stimulated Today

23:42 Overblown Mortgage Renewal Panic

25:16 Interest Rate Predictions

28:56 The Biggest Myth in Real Estate - It Always Goes Up

32:50 Most Impactful Investment Advice - Focus on Today's Asset, Not Future Speculation

33:30 Wrap-Up

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📋 Hawkeye Wealth LinkedIn: ⁠@HawkeyeWealth⁠

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💰 Hawkeye Wealth Mortgage Fund Guide: ⁠@MortgageFundGuide⁠

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This podcast is for informational purposes only and should not be considered legal, tax, investment, or financial advice.