Daily Archives: January 6, 2025

Unaffordable home prices weigh

Posted on January 6, 2025 by Danielle Park

Asset bubbles create unproductive debt and uneconomic pricing, which magnifies financial trauma as prices reverse.  Most Canadians now live in cities where the average home price is five to twelve times the average household income (shown below, courtesy of WOWA.ca). … Continue reading →

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