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submitted 1 year ago by sik0fewl@kbin.social to c/canada@lemmy.ca

In a country with some of the world’s most expensive real estate, Prime Minister Justin Trudeau’s government wants housing to become more affordable.

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[-] SamuelRJankis@lemmy.world 2 points 1 year ago

Those people will also need to factor in how much housing is causing localized inflation which is eating into their monthly cash flow. Unless the person has a rather large real estate portfolio they could defer the burden to I don't think the current situation is going to work out well for most single dwelling owners unless they plan to move away soon.

this post was submitted on 12 Aug 2023
122 points (96.9% liked)

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