Most Canadians do not want a housing market “comeback”. We need a crash, with the federal and provincial governments lowering costs by building. And tax changes to decommidify housing.
“It feels like the best case for housing is five or 10 years where price growth tracks sideways and you get the relief coming through income growth,” Mr. Doyle said.
“But the risk is things spiral with this trade war and we’re into a stagnation environment where it’s not a sideways movement any more, it’s a sharp downturn.”
Because they own multiple and plan to sell them and retire.