Why it might be several years before homes are more affordable in Canada - eviltoast

It may be several years yet before home prices fall back into an affordable range for the average Canadian, according to Oxford Economics.

  • EhForumUser@lemmy.ca
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    1 year ago

    We made housing a commodity

    We didn’t, though. A commodity is interchangeable. Housing is not interchangeable. A house in Iqaluit cannot meaningfully replace a house in Toronto. If housing were made a commodity it is likely we wouldn’t have the problems we have, but since we have never done such a thing…