Never say never!

That reasoning is why I didn’t lever up and buy 10 years ago.

Then I travelled the world and saw every other first-world city for comparison.

And by then it was too late.

Quality of life that ought to be available to an average Joe is completely unattainable now.

You can keep building smaller and worse places to live on the bottom end. Then you can keep saying, well, we have “houses” on the bottom end you can afford (even if it’s a crawlspace under what used to be an actual house), so why are you complaining? It’s “attainable.” Even though everything of value has been destroyed, and the simple things you enjoyed as a child will not be available to your children.

It’s so sad when people don’t understand basic arithmetic. All the simple folk decrying averages. Hey…I’m an average Joe so when they say the average home prices are $1.1 million that means housing meant for an average Joe like me is completely unattainable.

Doubtful. Everywhere will relax if/as Toronto and Vancouver crash.

Curious if you don’t mind my asking, where is “back home” for you. I have been exploring trajectories in different countries and considering whether relocation might be a worthwhile option, given what is happening with the cost of living in Canada.

does anyone calculate the actual mix of houses vs condos on a month over month basis?

is the raw data available?

would be interesting to see!