this post was submitted on 22 Nov 2024
31 points (100.0% liked)

Canada

7278 readers
447 users here now

What's going on Canada?



Related Communities


🍁 Meta


πŸ—ΊοΈ Provinces / Territories


πŸ™οΈ Cities / Local Communities

Sorted alphabetically by city name.


πŸ’ SportsHockey

Football (NFL): incomplete

Football (CFL): incomplete

Baseball

Basketball

Soccer


πŸ’» Schools / Universities

Sorted by province, then by total full-time enrolment.


πŸ’΅ Finance, Shopping, Sales


πŸ—£οΈ Politics


🍁 Social / Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage: lemmy.ca


founded 4 years ago
MODERATORS
 

On a monthly basis, the New Housing Price Index (NHPI) fell 0.4% in October, the largest monthly decline since April 2009. However, the picture was mixed across the country, as prices were down in 9 out of 27 census metropolitan areas (CMAs) surveyed, but unchanged in 11 CMAs and up in the remaining 7.

you are viewing a single comment's thread
view the rest of the comments
[–] LeFantome@programming.dev 1 points 1 month ago (1 children)

Historically, that is not always true and very market dependent.

[–] finderscult@lemmy.ml 0 points 1 month ago

Historically when there were work houses and inns that cost under a days pay, sure. But anytime after the 19th century it's been true. Anywhere in the US in Canada for the last 150 years it's been true. Any SFH it's been true, including historically.

Landlords don't rent out of the kindness of their cold, dead, grease filled hearts, they rent to make a profit. Meaning it is always cheaper to own than rent because that profit is built into the rent.