Quote:
Originally Posted by Devils'Advocate
Funny how two people can read the same data and come to opposite conclusions. I am quite troubled by the data in the study.
Broadbent Institute:
(emphasis mine)
If we ever had a housing bubble burst, we'd be in real trouble. Especially given just how many people have a retirement plan of "sell my house, move to cheaper area, live off proceeds for rest of life".
|
So according to your own source the average Canadian's wealth has gone up, the distribution of wealth has improved since 2005 (at least according to their own metrics) and people have made huge personal gains in real estate while also increasing their pension holdings.
Yup, certainly VERY concerning!