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cover of episode E122 Are Tariffs Secretly Reshaping the Real Estate Market?

E122 Are Tariffs Secretly Reshaping the Real Estate Market?

2025/3/8
logo of podcast REI Hot Seat with Andrew Hines and The Investments Group

REI Hot Seat with Andrew Hines and The Investments Group

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E122 of the REI Hot Seat with Andrew Hines and Jacob Campagnaro covers a broad discussion on tariffs, market trends, and investment strategies.

Andrew begins by analyzing the impact of U.S. tariff threats under Trump, explaining how the mere discussion of tariffs has already influenced North American manufacturers to shift operations away from Canada. 

He argues that retaliatory tariffs by Canada would be counterproductive, as the U.S. economy is far less dependent on Canadian imports.

The conversation then shifts to market sentiment, where fear and uncertainty dominate, causing many investors to hesitate despite the availability of good deals. 

Andrew and Jacob discuss the real estate market, particularly in multifamily housing, emphasizing that while there may be short-term instability, essential housing remains a strong investment. 

They highlight how inflation concerns are driving wealthy investors toward hard assets like real estate, reinforcing the idea that now is an opportune time to buy. 

The discussion expands to leasing, noting shifts in office space demand, with companies opting for smaller satellite offices instead of large centralized spaces. 

They also touch on retail and industrial leasing trends, with industrial spaces remaining strong and retail seeing a resurgence in key locations. 

The episode concludes with a call to action for investors to capitalize on market opportunities while remaining cautious and strategic.

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E122 Are Tariffs Secretly Reshaping the Real Estate Market?

02:15 Canada’s Risk

03:43 Retaliation Trap

05:54 Market Fear

08:49 Time to Buy?

10:46 Inflation vs. Recession

12:43 Multifamily Cap Rates

17:07 Essential Housing

22:42 Commercial Leasing Shift

28:35 Retail & Industrial

30:47 Smart Money Moves

Disclaimer: This episode, as with every episode of this show, should NOT be considered as advice. Investment advice is NEVER given on this show. Always consult a competent investment advisor before making an investment decision.


Andrew Hines is a seasoned real estate investor, business-builder, educator, and podcast host, well-recognized for his extensive experience in the field. Andrew graduated with an HBA from the Richard Ivey School of Business in 2008 and spent three years teaching introductory business at Western University as a Lecturer. He has been investing in real estate since 2011 and completing value-add projects since 2015, primarily in the luxury student rental space. Andrew started a project management company for building out new-construction townhomes in 2016 and has since built over 50 residential units throughout Southwestern Ontario. Andrew is an advocate for treating real estate investing like a business and uses his experience in his educational endeavors, coaching numerous investors on strategies to achieve financial independence and scale their portfolios effectively.

His podcast, "The Andrew Hines Real Estate Investing Podcast," serves as a platform for sharing insights, strategies, and success stories, connecting a community of like-minded individuals passionate about real estate investing. With a background that blends practical investing experience and investor-focused work, Andrew has become a pivotal figure in the Canadian real estate investing community.