alphacyberranger to World [email protected]English • 2 years agoCanada likely sitting on the largest housing bubble of all time: Strategist - BNN Bloombergwww.bnnbloomberg.caexternal-linkmessage-square42fedilinkarrow-up1278cross-posted to: [email protected][email protected]
arrow-up1278external-linkCanada likely sitting on the largest housing bubble of all time: Strategist - BNN Bloombergwww.bnnbloomberg.caalphacyberranger to World [email protected]English • 2 years agomessage-square42fedilinkcross-posted to: [email protected][email protected]
minus-squareGyromobilelinkfedilinkEnglish7•2 years agoBit of a stretch to say only. I know several middle class people who are renting and would be in a much better position if rent dropped and housing dropped. Admittedly those middle class who already own a home would be affected.
minus-square@[email protected]linkfedilinkEnglish2•2 years agoBut they can afford to be affected. They’d still own their house, whereas now more people can own one too.
Bit of a stretch to say only. I know several middle class people who are renting and would be in a much better position if rent dropped and housing dropped.
Admittedly those middle class who already own a home would be affected.
But they can afford to be affected. They’d still own their house, whereas now more people can own one too.