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A comment on The U.S. Housing Market vs. the Canadian Housing Market. Parent comment

Re:The U.S. Housing Market vs. the Canadian Housing Market by throw__away7391 on Saturday September 09, 2023 @02:04PM (#37448292)
This is the scary bit for me. It doesn't take much imagination to speculate that homes are possibly dramatically overvalued at present and current prices are unsustainable. This can't end well.
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Re:The U.S. Housing Market vs. the Canadian Housing Market by psunavy03 on Saturday September 09, 2023 @02:16PM (#37448453)
The only time home prices collapsed was when the mortgages underlying them were shown to be funny money. This is largely not the case right now, at least in the US. I can't speak for Canada, but the US largely has a supply problem which can't keep up with demand.
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