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Published 2 years ago

When Canada’s housing bubble pops, it will cause misery and ruin

Summary by Ground News
Home prices have gone up by 375% in Canada in the last two decades. In Toronto and Vancouver prices have swelled by 450% and 490% respectively. The Bank of Canada is warning that a 'frenzy of real estate investment' combined with high levels of household debt could destabilize the economy.

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