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.

  • blazera@kbin.social
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    1 year ago

    Those houses could cost 5% of what they cost now and rent would be the same, because people will pay it.

    • Dearche@lemmy.ca
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      1 year ago

      I’m not talking about individual houses. I’m talking about condos that easily cost more than the land they’re built on so they can maximize profits.