#71🎙️ – Rethinking Real Estate, Wealth & the Canadian Economy

<p>This week on <strong>The Everything Real Estate Show</strong>, Cody Kraus sits down with <strong>Rich Dias</strong> co-host of The Loonie Hour, to take a deeper look at Canada’s economy, real estate market, interest rates, and the way Canadians think about building wealth.</p><p>Rich shares his background in macroeconomic research and explains why he believes Canadians have become overly dependent on real estate as an investment strategy. The conversation dives into how decades of falling interest rates helped drive property values higher, why negative real interest rates can create housing bubbles, and what changing demographics and higher rates could mean for Canadian real estate going forward.</p><p>They also discuss Canada’s tax system, housing affordability, the incentives that influence where people invest their money, and whether Canadians should be putting more energy into building businesses and productive assets instead of simply accumulating real estate.</p><p>The episode wraps with Rich sharing his own experiences as a real estate owner, including one investment he considers a major disappointment and another piece of land that has become one of his most meaningful assets.</p><p>A thought-provoking conversation that challenges some of the conventional wisdom around Canadian real estate, wealth creation, and where the economy may be headed.</p><p><strong>Let’s go!</strong></p>