Billions in 'unknown' funds flowing into Canada's housing market [video]

Re:Billions in 'unknown' funds flowing into Canada's housing... by flycaliguy on Friday July 30, 2021 @12:34PM (#28009712)

Yeah, there is a pretty well circulated blog post [1] explaining this population growth. Ontario just wasn’t ready to see this many people show up.

If anybody doesn’t make SV money and wants a good tip: Consider an early inheritance of your parent’s home if you can build them an addition. That’s what we are doing. Took out a small mortgage to buy out my sister and we are now raising a family with grandma nice and close. We’ll assist her through old age and the entire thing feels very, I don’t know, European I guess?

[1] https://mikepmoffatt.medium.com/ontarians-on-the-move-2021-e...

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Re:Billions in 'unknown' funds flowing into Canada's housing... by michael1999 on Saturday July 31, 2021 @12:35PM (#28019588)

I used to blame the FLQ and the 1980 referendum. But Ontario has had 40 years to understand the new reality and Montreal _still_ has more subway than we do.

Good advice on co-housing - intergenerational sharing makes a ton of sense for so many reasons.

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