5 ms·
Goodness, I live in a rural area, and the house prices are only insane, instead of egregiously insane. I don't know how I'd afford a home for a young family if
by armagon 5y ago
Goodness, I live in a rural area, and the house prices are only insane, instead of egregiously insane. I don't know how I'd afford a home for a young family if I was just starting out today.
- voisin 5y agoI concur with this. The story of insane housing prices being limited to TO and Vancouver is a 2016 story. Since the pandemic, it has hit ever podunk town in the country. Look at rural Nova Scotia and New Brunswick for evidence. Same price increases on a percentage basis as in significantly more populated areas. It’s interest rates!
- monkeywork 5y agoNS/NB/PEI rates went nuts due to lack of building and people from Ontario buying places unseen and well above asking (and from their point of view why not - sell your house in Ontario and you could buy 5 of them in NS at inflated prices and still be mortgage free). Go and look how many of these homes are on AirBNB and summer short term rentals every year and then sit empty the rest of the time.