When Canada’s Housing Bubble Pops, It Will Cause Misery and Ruin
https://www.jacobinmag.com/2022/01/canada-housing-market-real-estate?utm_source=pocket_mylist
We're allowing cities worth of immigrants into Canada every year. They need places to live. That's not a bubble that's going to pop.
You're not going to stop endlessly-rising prices without cutting off the immigration, foreign buyer, and investment firm housing companies.
Personally I think it's hurting Canadians that it doesn't pop.. making it difficult to find affordable housing.
https://www.jacobinmag.com/2022/01/canada-housing-market-real-estate?utm_source=pocket_mylist
We're allowing cities worth of immigrants into Canada every year. They need places to live. That's not a bubble that's going to pop.
You're not going to stop endlessly-rising prices without cutting off the immigration, foreign buyer, and investment firm housing companies.
Personally I think it's hurting Canadians that it doesn't pop.. making it difficult to find affordable housing.