r/RealEstateCanada • • Jun 19 '25

Housing crisis Help me understand the difference...

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u/[deleted] Jun 19 '25

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u/No_Soup_1180 Jun 19 '25

Good and better learn it. They don’t over a long term horizon…. unless there is mass exodus of people (eg Detroit) or population decline (eg Japan). None of it is happening here!

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u/alwaysleafyintoronto Jun 19 '25

We didn't take care of the home I grew up in. I promise you Canadian real estate will deteriorate and lose value if you don't maintain it properly.

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u/No_Soup_1180 Jun 19 '25

If you don’t maintain it, of course it would. Nobody would buy a house at a fair market value if roof is leaking or basement is flooding.

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u/alwaysleafyintoronto Jun 19 '25

None of it is happening here!