Data shows average real estate Incomes have dropped significantly in the past 2 years. More agents, less home sales, and lower prices. Will Trudeau fire the housing minister this week? High income earners need Habitat for Humanity charity to buy homes now.
Links/references.
https://ici.radio-canada.ca/rci/en/news/1998529/trudeau-cabinet-shuffle-meetings
https://m.ca.investing.com/news/economy/higher-income-canadians-turn-to-habitat-for-humanity-as-housing-prices-skyrocket-3054028
https://financialpost.com/diane-francis/trudeau-immigration-housing-health-breaking-point
https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3410013501&pickMembers%5B0%5D=1.1&pickMembers%5B1%5D=4.1&cubeTimeFrame.startMonth=01&cubeTimeFrame.startYear=1980&cubeTimeFrame.endMonth=10&cubeTimeFrame.endYear=2023&referencePeriods=19800101%2C20231001
https://tnc.news/2023/05/10/hussen-rental-property/
Did you miss our previous article...
https://trendinginrealestate.com/real-estate-trends/raising-private-capital-with-pace-morby