Even with interest rates dipping, the Canadian housing market continues to cool, with home sales hitting a multi-year low last month. Sales activity dropped by 4.3 per cent across the country.
A “bidless” real estate approaching? Disposable incomes crushed by inflation. Let the Liberal Carney government destroy the economy for the next 6/9 months. Prices will drop further.
When you have the territory run by the biggest criminal communist organization, no one wants to risk having a mortgage. Of which they may not be able to pay for. With companies leaving, jobs are leaving as well. Hard times are coming. Maybe a depression.
Just like everything else in Canada after more than a decade of ruinous Liberal rule, the housing market is 'unrecognizable', unworkable, and unaffordable for most home buyers. The Trudeau social engineers have used their Housing Accelerator Fund to entice communities across the country to abandon zoning regulations in favor of unregulated 'upzoning'. Here in Calgary, particularly older communities like Bowness, there has been a virtual blitzkrieg of demolitions and multiunit construction...all of it in the $800,000 - $900,000-plus range. Inadequate parking, likely unsustainable pressures on existing infrastructure. The hollowing out of unique, often multi-generational communities. Soul-less ideologues and their impact on the lives of Canadians being felt more acutely every day, in every way.
A “bidless” real estate approaching? Disposable incomes crushed by inflation. Let the Liberal Carney government destroy the economy for the next 6/9 months. Prices will drop further.
When you have the territory run by the biggest criminal communist organization, no one wants to risk having a mortgage. Of which they may not be able to pay for. With companies leaving, jobs are leaving as well. Hard times are coming. Maybe a depression.
I guess they don't want native landlords ...
Just like everything else in Canada after more than a decade of ruinous Liberal rule, the housing market is 'unrecognizable', unworkable, and unaffordable for most home buyers. The Trudeau social engineers have used their Housing Accelerator Fund to entice communities across the country to abandon zoning regulations in favor of unregulated 'upzoning'. Here in Calgary, particularly older communities like Bowness, there has been a virtual blitzkrieg of demolitions and multiunit construction...all of it in the $800,000 - $900,000-plus range. Inadequate parking, likely unsustainable pressures on existing infrastructure. The hollowing out of unique, often multi-generational communities. Soul-less ideologues and their impact on the lives of Canadians being felt more acutely every day, in every way.
Who wants to buy property now when the courts rule that it can be turned over to the natives at any time.