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Why it might be several years before homes are more affordable in Canada
(www.bnnbloomberg.ca)
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this post was submitted on 11 Aug 2023
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Those houses could cost 5% of what they cost now and rent would be the same, because people will pay it.
I'm not talking about individual houses. I'm talking about condos that easily cost more than the land they're built on so they can maximize profits.