Why Owners & Renters Alike Would Benefit from a Housing Market Cooldown
The Money with Katie Show
00:00
Canadian Housing Market Will Do What Canadas Did
Investors now surpass first time home buyers as well as the total number of people moving between homes. One point three million homes are sitting empty in canada, built or purchased based on investor speculation of appreciation alone. Meanwhile, canada's homeless population is growing displaced homes that they can no longer afford. It cannot go on forever without seriously dismantling the economy.
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