• ericbomb@lemmy.world
    link
    fedilink
    arrow-up
    3
    ·
    1 year ago

    Man it’s just crazy. Feels like people living alone is just unheard of at this point.

    Like how can average people possibly buy a 900k property at 8%? The interest rate alone is higher than median household income.

    • BonesOfTheMoon@lemmy.worldOP
      link
      fedilink
      arrow-up
      3
      ·
      1 year ago

      I hope it rots on the market for years.

      I don’t know how we can even ethically offer people immigration anymore. Like sure come to Canada but we have nowhere for you to live but in a shelter? How is that fair? Open Homes Hamilton is bursting at the seams with immigrants needing homes. It’s unreal.

      • ericbomb@lemmy.world
        link
        fedilink
        arrow-up
        2
        ·
        1 year ago

        Yo same thing for me. A house on the same block just got put up for rent for 2,700 a month.

        It’s 2k Sq feet and built in the 80s and doesn’t have a lawn. I bought my similar house for 240k 3 years ago.

        So I’m praying it stays empty forever and the owner gets foreclosed so it gets resold for a decent price to someone who wants to live in it.