A latticework of government demand-side policies are seemingly tailor-made to hold the line on unaffordably high housing prices
For a brief, shining moment in the spring of 2022, it appeared that some semblance of sanity was returning to the most unhinged real estate market in the world.
The COVID-19 pandemic had taken Canada’s already-overheated housing prices and bid them up to meteoric heights. And now, finally, the “correction” was happening; a downward plunge that would not stop until a Canadian earning a normal wage could once again own property without the help of a windfall inheritance.
