this post was submitted on 25 Mar 2024
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[–] kbal@fedia.io -3 points 7 months ago (1 children)

2 min to read

Oh, I guess that really was the whole thing then. I'm sympathetic to the premise that BC might be doing better than Ontario recently in housing policy, but it's unclear how much cherry-picking was involved in finding that one data point. Considering how far prices had risen out West it's going take more than that to convince me that they're "beating it back."

[–] theacharnian@lemmy.ca 5 points 7 months ago (2 children)

Prices out west were beyond ridiculous far before the current NDP government.

[–] kbal@fedia.io 2 points 7 months ago* (last edited 7 months ago)

Yeah that was sort of my point. To say anything meaningful about it you have to look at the longer-term context, not just the latest single housing starts number.

[–] John_McMurray@lemmy.ca -1 points 7 months ago

The housing market in Swift fucking Current, Saskatchewan, is comparable in real dollars to St Petersburg, Florida, just outside Miama.