Totally agree with the last sentence.
In my opinion houses shouldnโt be investments (for people with a lot of money). They should be used for living not as an asset. They should also be fairly priced for the value they actually are based on materials used and location. Prices have insanely increased because they are viewed as investments and not for their usecase.
No. Prices have gone up mainly because currency is devalued
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Come visit Canada. Banks give out 35 year mortgages to anyone here. We have foreign investors buying up property and renting it out. Our PM keeps printing money and causing inflation.
