The Great Canadian Real Estate Debate: To Sell or Not to Sell?
The text above is a collection of various comments and opinions on the Canadian real estate market. While some believe that the government’s intervention and investment in the market will prevent a significant decline, others predict that the market will eventually crash, possibly by another 20%.
One of the key reasons why homeowners/investors are not selling their properties is their belief that real estate prices will continue to rise. Additionally, the cost of changing homes is high, and the job market is strong, which allows both renters and landlords to continue earning the needed income to cover mortgage payments.