Would you believe that the same stories told in Australian housing debates about a lack of supply were dominant in Toronto, Canada, right up until the bust?
Canada is run by a kakistocracy. The housing situation outlook is not "soft", it is horrid. There are dead corpses lying after a fatal overdoses on Vancouver streets, ignored by those passing by, as the police can't be bothered, because they are too incompetent or overwhelmed. The entire objective of this housing market is to force Canadians into bankruptcy, tell them that the house that they own is no longer even theirs (it is an indigenous owner, after all!) and force them into living in ideologically driven government built barracks, whilst they keeping migrants living on $88K tax free handout paycheques in luxury hotels.
Canada is run by a kakistocracy. The housing situation outlook is not "soft", it is horrid. There are dead corpses lying after a fatal overdoses on Vancouver streets, ignored by those passing by, as the police can't be bothered, because they are too incompetent or overwhelmed. The entire objective of this housing market is to force Canadians into bankruptcy, tell them that the house that they own is no longer even theirs (it is an indigenous owner, after all!) and force them into living in ideologically driven government built barracks, whilst they keeping migrants living on $88K tax free handout paycheques in luxury hotels.