Soaring house prices have made it harder to afford a house in Canada than it’s been in three decades, with experts blaming everything from low interest rates to blind bidding to intergenerational wealth transfers.
So how do you cool the housing market? Rachelle Younglai covers real estate for The Globe and Mail, and she’ll explain how we got here, why the measures taken by governments so far haven’t helped, and what else could be done to get prices under control.
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The Decibel