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Gold for house (lemmy.ca)

submitted 6 months ago by [email protected] to c/[email protected]

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wood for sheep?

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[–] [email protected] 37 points 6 months ago (1 children)

$649,000 for 10 bars, that’s a low cost of living middle class place or HCOL very small house that needs renovation.

What the fuck is going on with house prices up there

[–] [email protected] 9 points 6 months ago (1 children)

Sub 2% interest rates for 2 years for loans and then jumped to ~8%

Market is wildly variable.

[–] [email protected] 8 points 6 months ago

And probably the fact that post 2009 the construction industry collapsed and a lot fewer homes are getting built