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> No, it is a fact. The same happens in the US. Then why is the Canadian real estate market so much f'ed up than the US market?
by cscurmudgeon 3y ago
> No, it is a fact. The same happens in the US.
Then why is the Canadian real estate market so much f'ed up than the US market?
- Arainach 3y agoBecause it's smaller and more concentrated. With fewer cities containing a larger portion of Canada's population, the demand is focused more intensely.
- cscurmudgeon 3y agoWait, if we are talking same percentages, why should that matter? Also any data on "the demand is focused more intensely"? Even in the US, the population and desirable RE for investment is focused in a few cities on the coasts. True cause is Canada is facing a supply gap but politicians find it easy to blame foreigners. https://www.linkedin.com/pulse/canadas-housing-supply-gap-trudeau-acknowledges-primary-esfahani/ https://www.linkedin.com/pulse/canadas-housing-supply-gap-tr...
- remarkEon 3y agoDoes the demand side of the equation just not matter to you? It’s not “blaming foreigners”, it’s blaming politicians who come up with the policies that affect both the demand and supply side of the equation.