this post was submitted on 23 Sep 2023
136 points (97.2% liked)

Canada

7209 readers
485 users here now

What's going on Canada?



Communities


🍁 Meta


🗺️ Provinces / Territories


🏙️ Cities / Local Communities


🏒 SportsHockey

Football (NFL)

  • List of All Teams: unknown

Football (CFL)

  • List of All Teams: unknown

Baseball

Basketball

Soccer


💻 Universities


💵 Finance / Shopping


🗣️ Politics


🍁 Social and Culture


Rules

Reminder that the rules for lemmy.ca also apply here. See the sidebar on the homepage:

https://lemmy.ca


founded 3 years ago
MODERATORS
 

At last, someone from the world of politics is being honest about a pervasive and harmful trade-off. When home prices rise faster than earnings, owners like me gain wealth, while non-owners lose because their incomes fall further behind housing costs.

Honesty is saying that home prices have to fall. But this is progress.

The Generation Squeeze folks have recommendations.

you are viewing a single comment's thread
view the rest of the comments
[–] GreyEyedGhost@lemmy.ca 10 points 1 year ago

Don't bother debating with this likely troll. The article he cites literally references the rising interest rate as a significant cause for a slight dip in sales, with a reduced month-over-month percentage but still an increase over August 2022 sales. The article also cites continued attention by the government being predicted to cause sales to further cool.