The U.S. Housing Market vs. the Canadian Housing Market

Re:The U.S. Housing Market vs. the Canadian Housing Market by deathless on Saturday September 09, 2023 @02:25PM (#37448585)

We are so far from exhausting usable land that this argument is ridiculous. There will be more cities. 3rd tier cities will become 1st tier cities (and probably vice versa). Go invest in a city or town wisely (and don't forget to be lucky!) and you will be rewarded.

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Re:The U.S. Housing Market vs. the Canadian Housing Market by epistasis on Saturday September 09, 2023 @02:45PM (#37448881)

Land is all about location, and what is near it.

The idea that you could build out in a field ignores the true value and the true finiteness of land, the geography of agglomerations of skill and people.

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Re:The U.S. Housing Market vs. the Canadian Housing Market by Tiktaalik on Sunday September 10, 2023 @01:13PM (#37457853)

Also drive around and you'll find that not all land is created equal. Much of Canada muskeg, tundra, and just awful places to be, which is why no one lives there.

British Columbia looks big on a map, turn on the topographic layer and oops it's all mountain. No wonder everyone lives in a handful of tiny valleys. And oops we flooded tons of the valleys for hydro power too, further driving down the actual available prime land one can live on.

If no one lives in a place there's usually a good reason.

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Re:The U.S. Housing Market vs. the Canadian Housing Market by lotsofpulp on Saturday September 09, 2023 @04:08PM (#37449751)

Are there any examples of 3rd tier cities becoming 1st tier?

The situation seems the opposite, the NYC/SF/LA/London/etc are entrenched.

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Re:The U.S. Housing Market vs. the Canadian Housing Market by djkivi on Saturday September 09, 2023 @04:50PM (#37450143)

Dubai wasn't much 30 years ago.

https://www.businessinsider.com/dubai-in-1990-is-totally-unr...

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Re:The U.S. Housing Market vs. the Canadian Housing Market by lotsofpulp on Saturday September 09, 2023 @07:20PM (#37451274)

Sorry, I meant 1st tier cities becoming 3rd tier.

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Re:The U.S. Housing Market vs. the Canadian Housing Market by jjav on Sunday September 10, 2023 @03:52AM (#37453758)

Detroit

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Re:The U.S. Housing Market vs. the Canadian Housing Market by lawkwok on Sunday September 10, 2023 @10:23AM (#37456047)

Isn’t it really expensive to live there?

Also, while Dubai is flashy, I wouldn’t really consider it a first tier city in terms of actual living. The urban planning is not human scale at all and they just defaulted to highways and skyscrapers.

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Re:The U.S. Housing Market vs. the Canadian Housing Market by harambae on Sunday September 10, 2023 @03:32PM (#37459145)

Or Shenzhen.

But I think he means western examples. San Diego maybe?

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Re:The U.S. Housing Market vs. the Canadian Housing Market by gassiss on Sunday September 10, 2023 @12:15PM (#37457250)

and that's the main issue with Canada, there's not enough houses being built. And no interest in doing so, apparently

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Re:The U.S. Housing Market vs. the Canadian Housing Market by theironhammer on Tuesday September 12, 2023 @11:17AM (#37482582)

40% of Federal MPs are landlords. Haven't got figures for Provincial MPs or Municipal representatives but I'll wager a substantial amount are landlords too.

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