523
Corporations hoarding homes thank Canadians for enthusiastically blaming immigration
(www.thebeaverton.com)
this post was submitted on 22 Aug 2023
523 points (97.6% liked)
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I was researching the other day when we might expect the housing market to recover to the point where people can actually afford a house again.
Instead, what I found was lots of articles proclaiming that the housing market will "recover" by 2024. By "recover" they meant that the downward trend in $$$ is going up again. Meaning house prices going up.
It really blew my mind that there is so little concern for affordability and it's all about the investments.. So sad. Seriously considering leaving Canada at some point in the future in order to buy a house, which is nuts.