136
Trudeau takes first step to break Canada’s addiction to rising home prices - The Globe and Mail
(www.theglobeandmail.com)
this post was submitted on 23 Sep 2023
136 points (97.2% liked)
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the market drop was tied to interest rates so the effective monthly mortgage is unchanged. Unless you've got a million bucks under your mattress to pay up-front, houses are still unaffordable.
renters are people too, and their prices have gone up, not down.
It's better to say "housing costs" rather than talking about the price itself. The costs wording includes things like mortgage interest, insurance, etc.