this post was submitted on 11 Aug 2023
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It may be several years yet before home prices fall back into an affordable range for the average Canadian, according to Oxford Economics.

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[–] general_kitten@sopuli.xyz 2 points 1 year ago

in a way you already got fucked by buying an overpriced house and even if housing prices go down, you only get fucked more if you buy a cheaper hose relative to your current one, and only way you can really benefit from higher housing prices is also by buying a relatively cheaper house and pocketing the difference