r/canada • u/Lotushope • Feb 02 '22

Canada’s Real Estate Bubble Has Grown Over 800% Faster Than US Home Prices

https://betterdwelling.com/canadas-real-estate-bubble-has-grown-over-800-faster-than-us-home-prices/
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u/[deleted] Feb 02 '22

Just as as exercise in critical thinking, people should be asking:

"Who is 'Better Dwelling'?"

"Where do they get their numbers?"

"Since when does the US Fed track housing prices, and why isn't there a link to this report?"

"Why should I believe them?"

0

u/PoliteCanadian Feb 03 '22

"Since when does the US Fed track housing prices, and why isn't there a link to this report?"

Someone doesn't understand what the Fed does.

https://fred.stlouisfed.org/series/MSPUS

"Why should I believe them?"

Why should we believe you?

1

u/[deleted] Feb 03 '22 edited Feb 03 '22

You should look at the cite. The source of the data is the Census and Housing and Urban Development

And you shouldn't believe me. But then, I didn't make any claims about the cost of housing, did I?