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What happened to Canada's real estate?

submitted by SmallGuyFromBrooklyn to TellTalk 2 weeksApr 30, 2024 10:26:52 ago (+17/-0)     (TellTalk)

Even the shittiest shitbox is well over a million, and finding anything descent looks impossible. I say this cause Zillow finally works in Canada and i was curious one day. Who the fuck is buying up this overprice housing, it has to be fraud or something


16 comments block

Hugh 12 points 2 weeks ago

Houses aren't up. Stocks aren't up. Paper money is down by 50% because they printed 50% more of it in Covid. The anticipation is even more money supply and inflation, so people are putting money into hard assets.

Welcome to Argentina! Welcome to the Weimar Republic!