Quote:
Originally Posted by peter12
Calgary is one of the outliers but pretty obvious that growth is offloaded from high demand areas to low demand areas through sprawl.
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Actually Toronto and Vancouver are the outliers.
Everyone takes the max they're able to borrow and buys the biggest possible house and then complains that the housing prices go up. Like what do people think is going to happen when everyone is spending the most they possibly can?
I just checked realtor.ca and there are 600 properties in this city for sale at this moment with 2+ bedrooms for less than 250k. That mortgage at sub 3% is the same as your rent. Stop pretending there aren't affordable options.
But I guess "ok Boomer" is just easier.