https://www.thestar.com/business/suddenly-toronto-homes-aren-t-selling-even-desirable-ones-here-s-why-realtors-say-owners/article_4c14ef21-7e82-5716-a989-e11b0ce286f4.html
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cyberdick
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Lol this is gonna be a problem everywhere.
As home prices keep flying away from reality theyre going to stop moving outside of investment companies trying to buy them all up and use as rental properties.
It's also hard to find a market solution due to local home owners rabidly resisting new construction everywhere as they dont want home values to go down.
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More construction means more development means more desirable cities mean housing prices go up. It's literally how Toronto got so expensive in the first place.
NIMBYs are r-slurs
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Lmao owners aren't at fault. They have a right to not sell if they think the price is too low. Realtors should realize the show is over, maybe permanently this time, and get another job.
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Snapshots:
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archive.ph (click to archive)
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