​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.

Because there’s zero opportunity in small towns. Another major issue with Canada right now
I am doing well in small towns mostly due to the impression that there is no opportunity. Starting a small business in a major city is nigh impossible without a lot of money, but small towns don’t. The issue I see most often is people opening places in small towns without any business plan or market research, leading to failure. I think some of that will change when more business realizes that they can save money by going to a smaller town.
My dad ran a business in a small town his whole life and said it’s not a good idea anymore. Been a struggle for him for the last like 20 uears. Always told me to never be a business owner so I’ll follow that advice
My parents said the same thing, my biggest regret in life was listening to them.