Canadian Housing Market in Crisis: Inflation, Generation Wealth, and Affordable Housing
The housing market is always a hot topic, and the recent article posted on Reddit is no exception. While the text covers a lot of ground, it primarily focuses on the housing market in Canada and how it relates to inflation and the broader economy. According to the article, the Toronto housing market has seen some fluctuations, with Richmond Hill, Toronto, and Vaughan experiencing the smallest drops in home prices. However, the article also notes that inflation has plateaued and could even fall below 2%, which could create deflationary pressures.