See this graph...

来源: borisg 于 2022-01-17 08:29:37 [] [博客] [旧帖] [给我悄悄话] 本文已被阅读： 次 (935 bytes)

Graph of Ottawa housing prices and changes 1990-2020

Ottawa Average Residential Home Prices and % Price Increases from 1990-2020

Ottwa population increase rate is about 1-2 percent per year. 

Ottwa family income is not high. the top 10% only making more than 100k. Average increase is 3.6%. Put these two factors together, house price over 6% per year is not sustainable.

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• That is why I think the house market is strange and unhealthy -Emma_mama- ♀ 给 Emma_mama 发送悄悄话 Emma_mama 的博客首页 (0 bytes) () 01/17/2022 postreply 08:41:26

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