Ep.149 | Rising Broker Share, and Why Nvidia is Now Lending on Chips

Neal and Ryan are back with a solo news roundup episode covering the biggest stories moving Canadian real estate, lending, and beyond. They kick things off with a wild data point out of Halifax: a brand new 291-unit downtown tower is sitting at just 20% leased, and what that could signal about vacancy risk creeping into REIT-owned portfolios across the country. Then they dig into new Mortgage Professionals Canada data showing broker share is climbing fast, hitting 38% overall and 48% among first-time buyers, with Quebec and Alberta leading the way and Atlantic Canada still lagging behind.From there, the guys pivot into a very different conversation: Nvidia has struck deals with major investment firms to borrow against its chip inventory, and Neal shares his theory on why tech could become the next major asset class for lending (with a bonus Taiwan conspiracy thrown in). They wrap with a quick take on Mortgage Automator's acquisition of Lendr, why AI is starting to disrupt the legal tech stack, and a preview of who's coming on the pod next.Show Chapters:00:00 Cold open: broker share, tech lending, and Neal's electrolyte comeback01:00 Catching up: biking, Portugal, kitesurfing in Brazil, and Costa Rica villa recs04:12 The 291-unit Halifax tower that's only 20% leased07:55 Overbuilt on multifamily, undersupplied on single family09:58 Nova Scotia officially shifts into a balanced housing market10:14 Why sellers are finally starting to concede on price11:12 The ego problem in Canadian real estate12:26 MPC data: broker share hits 38% overall, 48% with first-time buyers13:29 Why younger buyers are ditching the bank branch experience15:16 Continuity of service: why the broker relationship wins long term16:32 Regional breakdown: Quebec, Alberta, Ontario, BC, and Atlantic Canada19:22 How the UK compares and what it would take to close the gap20:38 The education problem holding broker share back22:13 Nvidia is now lending against chip inventory23:32 Is tech becoming a viable asset class to lend on?26:03 Neal's Taiwan conspiracy and the coming tech inflation cycle28:28 Would you finance a phone on a 5 year loan?29:51 The future of wearables, headsets, and brain implants31:11 Mortgage Automator acquires Lendr in a major US play31:43 Will firms start building their own AI tech stacks?32:52 Preview: Jason Alexander of Automator coming on the podResources:Keystone Capital GroupCPLP Instagram: @cplpodcastKeystone Instagram: @keycapgroupFind Neal On:Instagram: @neal.andreinoLinkedIn: Neal AndreinoFind Ryan on:LinkedIn: Ryan MacNeilE-mail: [email protected] IN THE CPL NEWSLETTER:http://eepurl.com/FIKgpXhSbH