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Major drivers of price growth in red-hot markets

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Ephraim Vecina | 26 Feb 2016, 08:15 AM Agree 0
A senior economist provides the three factors (apart from foreign investors) chiefly responsible for the ever-growing housing prices in Toronto and Vancouver
  • Mark Cashin | 26 Feb 2016, 09:34 AM Agree 0
    Thinking back to my high school economics class and I will admit I had the window seat for most of the four years. Would Supply & Demand have any bearing? In Peel Region like most other locations there is a ten year wait time +/- for "Affordable Housing" and in the area of 60 000 +/- illegal basement apartments, my mistake we call then "secondary suites" now... so we don't offend. Would it not make sense to address the supply side of the equation?
  • Ariel B | 01 Mar 2016, 12:58 PM Agree 0
    Thank you sharing this
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