this post was submitted on 11 Jul 2023
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Just over half of Canadians say they are $200 away or less from not being able to pay all of their bills at the end of the month amid higher interest rates and inflation.

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[–] Cl1nk@sh.itjust.works 5 points 1 year ago

Homeownership is Canada is ridiculous, I was checking this thread on reddit about a guy with 100k in savings and a salary of 95k and he was still unable to afford a 500k condo.

Canada propping the economy through real-estate while people can't afford it just seems like a time bomb, what will remain when it explodes?