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Dreylad
Jun 19, 2001
https://twitter.com/my_jabroni/status/1517138145405325315

the housing market has been insane in canada since at least 2010 as we had no real correction in 2008

keep in mind the D&D canadian housing thread is 10 years old and everyone there including me expected a collapse only a few years after the thread started. we're morons!

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Dreylad
Jun 19, 2001
alberta is only so affordable because oil prices dropping before the pandemic wrecked its economy. if oil stays high boom times are back baby, time to crank it to the worst possible form of hydrocarbon extraction on this dumb planet

Dreylad
Jun 19, 2001

Mola Yam posted:

can you loving imagine houses priced at 2.7X the median income in your town? jesus christ. that would be like sub-$300k here, when they're actually over $1M

that's happening in the toronto suburbs yeah. oshawa's median income is $88k before taxes and the houses are selling on average for $960k

Dreylad
Jun 19, 2001
honestly been considering the multigenerational household option since no matter how hard we save housing is permanently out of reach

the government up here is even providing some dumb tax credit to support this move lol

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