Seems like there's a new narrative out there folks.
@YorkshireTea I might add that there are 2 housing units for every Canadian in Canada. Their house prices are even pricier than the US. What affects their housing prices are the low interest rates, ability to money launder thru property, Chinese investors, and high demand.
@YorkshireTea There is some truth to the fourth image. BlackRock is subsidized by the Federal Reserve and zoning laws and property taxes limit the construction of new houses. So yeah, it is the government.
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