Liberal Forum

So I’ve heard from angry Canucks for a long time that a “recession will correct housing prices.”

Yet they are STILL sky high.

Unemployment in CA is already in recession territory (god knows how corrupt their equivalent of our BLS is - likely 10% already even though the official UE in Canada is “only” 6%)

Does Canada need a DEPRESSION to wring out all the money in houses?
 

   

(What’s also odd is they have EU level salaries but COL comparable to the cheaper areas of LA and NYC)

????

housing is money. paper money is stacks of straw.  shelter in strong houses. try sheltering in a stack of straw. do as the little piggy did. get out of straw houses. invest in solid brick houses,