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What concerns me, as a non-Canadian not living in Canada, is that if a separate cause (i.e. global recession) makes housing prices drop in Canada during this pe
by ihaveajob 5y ago
What concerns me, as a non-Canadian not living in Canada, is that if a separate cause (i.e. global recession) makes housing prices drop in Canada during this period, NIMBYs everywhere will use that as evidence that "it works", and will try to replicate elsewhere.
- weeksie 5y agoIt'll be interesting. Unless the population shrinks I think people will still feel squeezed, since things still won't feel affordable if e.g. interest rates go up and prices stagnate.