this post was submitted on 30 May 2024
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Canadian real estate prices have surged in almost every market, with a typical home price doubling in many regions. A median household in major cities like Toronto and Vancouver would need to save over 20 years for just the down payment, more than 3x the historic average. Seems absurd? The outlandish scenario was apparently a […]

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[–] [email protected] 3 points 2 months ago

I thought pensions and RRSPs were supposed to pay for retirement.

Housing is for living in. Maybe some small- and medium-sized business in rental housing because not everyone wants to own.

But investment commodity or retirement vehicle? Sounds dangerous!