​Canada likely sitting on the largest housing bubble of all time: Strategist - BNN Bloomberg

https://lemmy.ca/post/3785110

​Canada likely sitting on the largest housing bubble of all time: Strategist - BNN Bloomberg - Lemmy.ca

Even though I had to pay though the nose to buy a house years ago, I hope for a crash so that people are not screwed forever more.

What I find really odd is the commercial market in smaller towns, its cheap as shit.

The downtown strip of the town I grew up in (about 2hrs from Toronto) is a ghost town. I doubt retailers want to risk starting a lease on a commercial property when in many situations, brick&mortor isn't much of an asset.

That is the crazy part I am talking full on buying not renting. I run a few stores in more rural areas and my company just bought the building because the owner would not rent/lease to us but would sell it for less then you could buy a shed for.

I guess although it is crazy you could buy a storefront in a small town for much less then a house in a small town (maybe a protip?).