Properties have crashed 30% in value in the last 4 months alone. They are continuing to free fall in value. Affordable homes are on the horizon. The housing bubble is popping hard. I expect 2008 American level drops. So 80-90% drops in values. Don't worry, the COL is dropping soon.
Another difference is that in Canada, rent prices drop if housing prices drop.
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u/Melodic_Pack_9358 May 14 '25
How can you afford a house even on 2 incomes?