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> salaries aren't going up This. You can really see the disparity when looking at the divergence between Toronto rental prices (what people who work can afford
by acchow 10y ago
> salaries aren't going up
This. You can really see the disparity when looking at the divergence between Toronto rental prices (what people who work can afford to pay with their jobs) and purchase prices (what investors can afford to pay, which probably includes a lot of foreign investment and homeowners remortgaging their homes to invest in a 2nd).
Rental prices haven't increased nearly as much as purchase prices.