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Trudeau Vows To Protect The Canadian Housing Market From Deflationary Pricing – June 1, 2024

Posted on June 1, 2024 by RichInWriters

housing and therefore RENTAL prices are not coming down under Justin Trudeau. You have to also remember that any new housing being built will be priced to the value of existing homes, condos or apartment buildings in that area. It’s unlikely for example for you to see a $500,000 condo and a $180,000 condo on the same street. So you’re not going to see a $3000 per month 2 bedroom, and a $1200 two bedroom on the same street.

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