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submitted 1 year ago by sik0fewl@kbin.social to c/canada@lemmy.ca

Conservative Leader Pierre Poilievre has introduced a private member's bill in the House of Commons that outlines a plan to address the national housing crisis.

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[-] Rocket@lemmy.ca -1 points 1 year ago* (last edited 1 year ago)

There is no quick, easy, silver bullet for this.

There is a slow, easy, silver bullet, though: Waiting. The cure for high prices is high prices.

In fact, it's pretty clear that the housing market already crashed in 2022. Just look at the data:

It even features the classic dead cat bounce โ€“ the surest sign of all that a market has crashed. All we have to do now is wait for the market to find the bottom.

this post was submitted on 20 Sep 2023
9 points (68.0% liked)

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