'America will become a renter nation': Grant Cardone warns the US could see 100-year mortgages — says we might even rent our clothes

https://lemmy.world/post/9499571

'America will become a renter nation': Grant Cardone warns the US could see 100-year mortgages — says we might even rent our clothes - Lemmy.World

In Montreal, Québec, 0.045% of the population own over 30% of residential properties.

Edit: actually that’s 0.46% of property owners own 32% of rental properties in Montréal.

Source (French)

Taux de propriété | Une première baisse en 50 ans

La hausse des prix des logements a coïncidé avec une diminution de l’accès à la propriété chez les Québécois, selon I’Institut de la statistique du Québec.

La Presse

Leave major cities.

You will never own property in one.

This is short sighted, however. It may be true in the moment, but in time, the corporate world will gobble up as much as they can and rent it forever, without regulation.