this post was submitted on 09 Jul 2023
49 points (98.0% liked)

Canada

7133 readers
458 users here now

What's going on Canada?



Communities


🍁 Meta


πŸ—ΊοΈ Provinces / Territories


πŸ™οΈ Cities / Regions


πŸ’ SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


πŸ’» Universities


πŸ’΅ Finance / Shopping


πŸ—£οΈ Politics


🍁 Social & Culture


Rules

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

https://lemmy.ca


founded 3 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] Quentinp@lemmy.ca 5 points 1 year ago (2 children)

If you somehow have money saved for property, keep digging in until 2025 or 2026, then there will be a reckoning as a wave of unaffordable mortgages sweeps the landscape and people start dumping houses.

[–] EhForumUser@lemmy.ca 7 points 1 year ago (1 children)

More like a wave of government bailouts to keep the party going.

[–] Quentinp@lemmy.ca 6 points 1 year ago

Yeah or investors ready with investment $$$ to suck up all the foreclosed houses and rent them back.

People said that in 2002, and 2010 and 2017 and yet the house prices keep going up and up.