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(Short Cuts) Canada: Your New Home On The Streets

CANADALAND

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The Correlation Between Housing and Inflation

Mortgage interest costs were up more than 30% from June of last year when the Bank's key interest rate was 1.5%. The July quarter percentage point rate hike, the central bank is now at 5%. But the housing market is projected to rise 8.5% this year alone. I think there's need for some sort of separated studies in terms of which group is being impacted by these policies.

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