The 80% House Loss That Proves Canada’s Housing Bubble Is Bursting
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🧵Canada’s housing bubble is visible in one chart.StatsCan’s new income data confirms the brutal math:Real family incomes rose.Real home prices exploded.Since 1981, Canadian real family income has been up to an index level of 137.Real home prices are still at 283.That means home prices are still more than 2x the income-linked level.
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