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0 pointsrefurb3y ago0 comments

And a median sale price that has hit ~$800,000, which is double the US.

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elevaet3y ago

It's nuts. Canada has a lot of good things going for it, but housing affordability is at a crisis point.

refurbOP3y ago

It is. You can just look at the US and Canada over the same time period to see how out of wack Canada is.

Canada is basically the US minus the 2008 crash. It's just price inflations non-stop for 20 plus years.

onlyrealcuzzo3y ago

Isn't it 40 years??

My understanding is prices crashed hard in the 70s, there was a slight decline in 1990 and 2008, and other than that they've been going up 5-10% per year.

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