A parade of reports and experts explained
away high house prices and debt levels with many of the same arguments we hear today in Canada — yes, prices are way up compared to rents, but the analysis is built on flawed data; debt levels are high, but so are house prices, which minimizes the risk; America's demographics support the boom; and then the classic: There'll be a soft landing.
Not exact matches
«
Housing by every standard is incredibly overdone, especially in Toronto and Vancouver, it's hard to get
away from the fact that
house prices are extraordinarily
high here and it will likely erode.»
Hamilton is moving
away from the production of steel, and is a popular destination for people who are moving outside Toronto due to
high house prices.
Neither main political party has released significant policies addressing home affordability or
high house prices, despite the federal election being two days
away.
For instance, if
house prices are sky -
high, it may be a good idea to sell your
house right
away, pocket the money and rent for a while before buying.
And
high gasoline
prices affect the lower - paid as well as
housing costs which force them to live far
away from where they work.