This week on Down to Business, Murtaza Haider, a professor of real estate management at Toronto Metropolitan University, explains why he thinks housing prices in Canada will return to their space-ward trajectory.Sign up to receive the daily top stories from the Financial Post, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.
But as hybrid work arrangements take a more permanent shape, and companies reconsider their commercial office space, things could change. But that remains several years away at best. As always the interview is edited for clarity and brevity.
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Canada's home sales and prices are falling. Has something changed in the housing market?Episode 165 of Down to Business podcast. Listen here. Yeah interest rates and are going higher. Ya, a key interest rate of 3.75%. Oh and this Liberal ideology of 'you will own nothing and be happy'. Wake the fuck up people, the only people who are benefiting from this are politicians and banks. People who had no business buying homes were getting by artificially low interest rates. Take away the punch bowl and the emperor has no clothes. This is good for long term future.
La source: nationalpost - 🏆 10. / 80 Lire la suite »
Canada's home sales and prices are falling. Has something changed in the housing market?Episode 165 of Down to Business podcast. Listen here. Yeah interest rates and are going higher. Ya, a key interest rate of 3.75%. Oh and this Liberal ideology of 'you will own nothing and be happy'. Wake the fuck up people, the only people who are benefiting from this are politicians and banks. People who had no business buying homes were getting by artificially low interest rates. Take away the punch bowl and the emperor has no clothes. This is good for long term future.
La source: nationalpost - 🏆 10. / 80 Lire la suite »