🎙️ Episode 83: Rents Are Surging in Canada: Rent vs Buy & Mortgage Mistakes Explained

Canadian rents just recorded one of their largest increases since 1988 — and it’s happening at the same time headlines suggest housing costs are cooling. So what’s actually going on, and what does this mean for renters and homeowners in 2026?   In this episode of The Real Deal Pod, Realtor® Allister Carrington and Mortgage Broker Geoff Lee break down the latest inflation data, rising rent pressures, and the financial blind spots that are quietly costing Canadians thousands.   In this episode, we unpack: • Why rents just posted the 4th-largest increase since 1988 • The key difference between asking rent vs. rent actually being paid • How today’s condo pricing may be reshaping the rent-vs-buy decision • Why long-term net worth strongly favours ownership • The behavioural questions sellers should ask when hiring a Realtor • Mortgage Mistake #2: The Cash Flow Leak — how high-interest debt drains household finances • How restructuring debt into a mortgage can free up real monthly cash flow   This conversation is packed with real numbers, real examples, and practical insights to help Canadians make smarter housing and mortgage decisions — whether you’re renting, buying, selling, or reviewing your mortgage strategy this year.   🎙️ New episodes drop weekly. If you found this helpful, be sure to follow, download, and share with someone who needs it.     🎧 Follow & Subscribe to The Real Deal Pod   Available on Spotify, Apple Podcasts, and YouTube     📞 Work With Us   Allister Carrington – Realtor® | KIC Realty www.AllisterCarrington.com   Geoff Lee – Mortgage Broker | GLM Mortgage Group www.GLMmortgage.com   #CanadianRealEstate #RentsInCanada #RentVsBuy #MortgageAdvice #HousingAffordability #AllisterCarringtonRealEstate