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Investors now own more than 50% of Toronto’s new condos — and experts say they’re driving up housing prices for everyone

Jaqueline Belardi doesn’t know if she’ll ever be able to afford a home even though she earns a good salary. Belardi and her partner make a combined income of more than $180,000, but saving up enough money for a down payment feels out of reach.

“We can’t just borrow $50,000 from our parents,” she said. “That seems like the only way younger people are able to buy property these days.”

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