Want to make housing affordable? Real estate needs to become a mediocre investment

  • 📰 timescolonist
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 75%

Nederland Nieuws Nieuws

Nederland Laatste Nieuws,Nederland Headlines

What we should be aiming for is policy that would maintain home prices at some reasonable multiple of household income

Prime ministerial interviews aren’t usually comedic material, but Prime Minister Justin Trudeau’s chat this past month with The Globe and Mail’s City Space podcast did offer up a chuckle or two.

To be fair, though, many of us would not do a whole lot better than our country’s leader if we were asked the same questions. That sounds innocuous enough. But if you think about it for a moment, you may begin to see a problem. I realize this is not a platform any politician wants to run on, but it’s hard to argue with the numbers. So long as home prices climb faster than people’s wages, affordability tends to deteriorate.

Wij hebben dit nieuws samengevat zodat u het snel kunt lezen. Bent u geïnteresseerd in het nieuws, dan kunt u hier de volledige tekst lezen. Lees verder:

 /  🏆 15. in NL
 

Bedankt voor uw reactie. Uw reactie wordt na beoordeling gepubliceerd.

Nederland Laatste Nieuws, Nederland Headlines

Similar News:Je kunt ook nieuwsberichten lezen die vergelijkbaar zijn met deze die we uit andere nieuwsbronnen hebben verzameld.

S&P growth, real estate earnings, small businesses: Wealth!On today's episode of Wealth!, host Alexandra Canal takes a deep dive into home and gas prices, portfolio picks, and efforts to scale small businesses. The S...
Bron: YahooFinanceCA - 🏆 47. / 63 Lees verder »