sj_zero on Nostr: The second part of what you wrote is really the key. Both real estate and debt aren't ...
The second part of what you wrote is really the key.
Both real estate and debt aren't real markets, so they just keep doing things to raise the prices to make boomers feel rich and keep vooting, and all that means is future generations are stuck borrowing a career worth of cash (1 million in Toronto, 2.5 million in vancouver for a Single Family Home, but 800,000 canada-wide at the peak around 2020) just to have a place to lay your head at the end of the day.
Published at
2023-08-05 18:37:07Event JSON
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