​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.

Crashes only hurt regular people. People who have money/capital can wait it out and then buy even more housing to make the bubble bigger next cycle.

source: lived through 2008 and that fucking sucked

Yeah well high prices only hurt regular people, too!! It’s almost like we’re getting fucking squeezed by our economic masters, eh?