alphacyberranger@lemmy.world to World News@lemmy.worldEnglish · 10 months agoCanada likely sitting on the largest housing bubble of all time: Strategist - BNN Bloombergwww.bnnbloomberg.caexternal-linkmessage-square42fedilinkarrow-up1277arrow-down18
arrow-up1269arrow-down1external-linkCanada likely sitting on the largest housing bubble of all time: Strategist - BNN Bloombergwww.bnnbloomberg.caalphacyberranger@lemmy.world to World News@lemmy.worldEnglish · 10 months agomessage-square42fedilink
minus-squareGyromobile@lemmy.worldlinkfedilinkEnglisharrow-up7·10 months agoBit of a stretch to say only. I know several middle class people who are renting and would be in a much better position if rent dropped and housing dropped. Admittedly those middle class who already own a home would be affected.
minus-squarebobman@unilem.orglinkfedilinkEnglisharrow-up2arrow-down3·10 months agoBut they can afford to be affected. They’d still own their house, whereas now more people can own one too.
Bit of a stretch to say only. I know several middle class people who are renting and would be in a much better position if rent dropped and housing dropped.
Admittedly those middle class who already own a home would be affected.
But they can afford to be affected. They’d still own their house, whereas now more people can own one too.