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A comment on How Not to Build a Country: Canada’s Late Soviet Pessimism. Parent comment

Re:How Not to Build a Country: Canada’s Late Soviet Pessimism by phkahler on Saturday September 28, 2019 @02:30PM (#21102032)
One idea is to limit the percentage of the purchase price that can be borrowed. That would reduce a lot of the longet term problems but would upset some short term.
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Re:How Not to Build a Country: Canada’s Late Soviet Pessimism by novok on Saturday September 28, 2019 @03:17PM (#21102289)
It's already happened a couple of years ago canada wide, through income requirements to mortgage a place with ratios that are small for the market.

To the point where a typical house requires $250k+ family incomes in a place where typical family incomes are one fourth to one half of that.

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Re:How Not to Build a Country: Canada’s Late Soviet Pessimism by ahartmetz on Sunday September 29, 2019 @04:53AM (#21105950)
Welcome to the everything bubble. It looks like it might deflate or burst soon.
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