The Canadian Housing Bubble — How It Started and How it Will End
<p>Imagine waking up one day to find that the dream of owning a home in your city has become a distant mirage, a luxury only the rich can afford. Welcome to the reality of many Canadians today, especially those in bustling cities like Toronto and Vancouver. Today we will tell the story of the Canadian housing bubble and the potential fallout that could change the face of the Canadian real estate market forever.</p>
<p>In the past four years beginning in 2019, housing prices have skyrocketed, moving further out of reach for the average Canadian. But this isn’t some inexplicable phenomenon or an act of nature; it’s a man-made disaster, a housing bubble that’s been inflating for years. So, why are housing prices in Canada so incredibly high? And is this a house of cards that’s on the brink of collapse?</p>
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