# 🎙️ Episode 75: The Illusion of Affordability — What’s Really Driving Canada’s Housing Crisis Page: https://stenobird.com/podcast/the-real-deal-pod-allister-carrington-geoff-lee-s-pro-insights-in-real-estate-7022107/episode-75-the-illusion-of-affordability-what-s-really-driving-canada-s-housing-crisis Text version: https://stenobird.com/podcast/the-real-deal-pod-allister-carrington-geoff-lee-s-pro-insights-in-real-estate-7022107/episode-75-the-illusion-of-affordability-what-s-really-driving-canada-s-housing-crisis.md Podcast: [The Real Deal Pod: Allister Carrington & Geoff Lee’s Pro Insights in Real Estate](https://stenobird.com/podcast/the-real-deal-pod-allister-carrington-geoff-lee-s-pro-insights-in-real-estate-7022107) Published: 2025-10-31T16:40:38+00:00 Episode link: https://allistercarrington.podbean.com/e/%f0%9f%8e%99%ef%b8%8f-episode-75-the-illusion-of-affordability-%e2%80%94-what-s-really-driving-canada-s-housing-crisis/ Audio file: https://mcdn.podbean.com/mf/web/y839mj5nayu7h4as/Real_Deal_Pod_-_EP_75_-_OCT306c1v3.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-real-deal-pod-allister-carrington-geoff-lee-s-pro-insights-in-real-estate-7022107/episodes/episode-75-the-illusion-of-affordability-what-s-really-driving-canada-s-housing-crisis Duration seconds: 2240 ## Resource 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 #TheRealDealPod #RealDealPodcast #AllisterCarringtonRealEstate #GLMMortgageGroup #RealEstatePodcast #MortgagePodcast #CanadianRealEstate #BCRealEstate #VancouverRealEstate #FraserValleyRealEstate #RealEstateMarket #MortgageRates #InterestRates #HomeBuyingTips #RealEstateInvesting #MortgageAdvice #CanadianEconomy #MarketUpdate #RealEstateCanada #RealtorLife #MortgageBroker #FirstTimeHomeBuyer #PropertyInvestment #RealEstateExpert #CanadianHousingMarket #HomeOwnership #LoveWhereYouLive #EmpowerAdviseRepresent #RealEstateEducation #RealEstateAgentLife #BusinessPodcast ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-real-deal-pod-allister-carrington-geoff-lee-s-pro-insights-in-real-estate-7022107/episodes/episode-75-the-illusion-of-affordability-what-s-really-driving-canada-s-housing-crisis/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-real-deal-pod-allister-carrington-geoff-lee-s-pro-insights-in-real-estate-7022107/episode-75-the-illusion-of-affordability-what-s-really-driving-canada-s-housing-crisis.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.