Nowhere to live: Frantic demand for homes-to-buy shifts to homes-to-rent

Desperate would-be buyers found themselves caught in a frenzy of bidding wars for real estate during the pandemic, when home prices in Canada rose more than 50 per cent in just two years.

The shift from frantic demand for homes-to-buy to homes-to-rent makes plain a broader issue with Canadian housing: that there simply is not enough of it, said Dan Scarrow, president of Macdonald Realty in Vancouver.Article content The rapid rise in borrowing cost has chilled the real estate market, pulling down Canada’s average home price by 18.5 per cent from its February peak, according to data from the Canadian Real Estate Association.

GeoffRuss3 Absolute nonsense that any discussion about housing can continue without talking about Canada’s radical mass immigration. Oh yes, we have room for the 500K newcomers this summer — both to Canadian housing and provincial healthcare systems 🙄 cdnpoli

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90 Ontario long-term care homes still not fully air-conditioned, ministry says | Globalnews.caOntario's Ministry of Long-Term Care says there are still 90 homes that are not fully air-conditioned, despite legislation that requires all homes to have it. Every air conditioner is an affront to the climate emergency!!! Until all seniors are living in caves eating bugs and drinking theie own urine we should hang our heads in shame!!! 🚨🚨🚨 Supply chain issues, and COVID restrictions are responsible for the delay. So all those 'wear a mask', 'shut down everything' people are to blame for any of these deaths.
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