Condo sales numbers in and around Toronto have taken a drastic tumble so far this year, and now that the market is starting to lean towards buyers ...

Condo sales numbers in and around Toronto have taken a drastic tumble so far this year, and now that the market is starting to lean towards buyers …

  • Blackout@kbin.run
    310·
    2 months ago

    Everyone is so rich now they are just buying mansions right? I didn’t read the article.

    • orcrist@lemm.ee
      4·
      2 months ago

      Nobody is buying anything, my friend. It’s the natural result of real estate speculation. Prices have to keep going up for investors to make their money, but at some point residents can’t afford to buy, so they don’t, and we wait for the bubble to burst. The whole field ought to be illegal, because housing is a human right.