this post was submitted on 11 Aug 2023
86 points (97.8% liked)

Canada

7106 readers
296 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
 

It may be several years yet before home prices fall back into an affordable range for the average Canadian, according to Oxford Economics.

you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] -4 points 1 year ago* (last edited 1 year ago)

We made housing a commodity

We didn't, though. A commodity is interchangeable. Housing is not interchangeable. A house in Iqaluit cannot meaningfully replace a house in Toronto. If housing were made a commodity it is likely we wouldn't have the problems we have, but since we have never done such a thing...