The expected rise in Canada’s population is likely to make the country’s limited housing supply worse – and ultimately lead to even higher home prices, a report by Zoocasa forecasted.
The expected rise in Canada’s population is likely to make the country’s limited housing supply worse – and ultimately lead to even higher home prices, a report by Zoocasa forecasted.
I’m originally from Spain. I know very well these messages from our bubble (which exploded --sort of-- around 2007 - 2008). “House prices can only go up because X”.
Then, for whatever reason, Y happens, and it turns out that Y >> X.
I know how this ends, and it’s not pretty.
Do the prices come down though?
The prices and the entire fucking country.