Even a burst in new home construction isn’t enough to solve the nation’s housing crisis

Even a burst in new home construction isn’t enough to solve the nation’s housing crisis – Canada Boosts

Homebuyers have had it dangerous this yr. Between mortgage charges that peaked at 8% in late October, excessive dwelling costs, and intensely low ranges of provide, it’s been exceedingly troublesome and unaffordable for many individuals to interrupt into the housing market. However there are small glimmers of hope going into 2024: For one, housing begins…

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Commercial real estate bubble will burst, says economist who predicted 2008 housing crisis

Commercial real estate bubble will burst, says economist who predicted 2008 housing crisis – Canada Boosts

Whereas so much has recovered and rebounded because the pandemic (suppose Thanksgiving travel and gathering en masse), work environments appear without end modified. The pandemic emptied workplace buildings as we as soon as knew them, and central enterprise districts suffered. Business actual property continues to be reeling on the large shift towards distant or hybrid…

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