Meh, I don't think it is possible to have a decent conversation about housing in Canada until the tide goes out so we can see who is swimming naked.
And by that I mean let's see what house prices are like when CIBC is getting bailed out by the feds, interest rates are 2% points higher and unemployment is running at 10.8%.
Otherwise, this is just an exercise in blaming foreigners (for over buying and under renting), city councils (for under developing) and devolpers (for being "greedy" - whateverTF that means
).
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