alphacyberranger to World NewsEnglish • 1 year agoCanada likely sitting on the largest housing bubble of all time: Strategist - BNN Bloombergwww.bnnbloomberg.caexternal-linkmessage-square42arrow-up1278arrow-down18cross-posted to: [email protected]yimbyjusttaxland
arrow-up1270arrow-down1external-linkCanada likely sitting on the largest housing bubble of all time: Strategist - BNN Bloombergwww.bnnbloomberg.caalphacyberranger to World NewsEnglish • 1 year agomessage-square42cross-posted to: [email protected]yimbyjusttaxland
minus-squareGyromobilelinkEnglish7•1 year agoBit of a stretch to say only. I know several middle class people who are renting and would be in a much better position if rent dropped and housing dropped. Admittedly those middle class who already own a home would be affected.
minus-square@[email protected]linkfedilinkEnglish-1•1 year agoBut they can afford to be affected. They’d still own their house, whereas now more people can own one too.
Bit of a stretch to say only. I know several middle class people who are renting and would be in a much better position if rent dropped and housing dropped.
Admittedly those middle class who already own a home would be affected.
But they can afford to be affected. They’d still own their house, whereas now more people can own one too.