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Canada's even bigger real estate bubble? (greaterfool.ca)

1 points by rapind ↗ HN
TLDR: We have a higher ownership rate now than America did at the bubbliest moment. Theirs topped at 68%, and ours is 70%. They built 29% too many houses. We built 41% too many. They assumed record household debt. We’ve piled on even more. And we share the same basic economy.

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[dead] rapind
TLDR: We have a higher ownership rate now than America did at the bubbliest moment. Theirs topped at 68%, and ours is 70%. They built 29% too many houses. We built 41% too many. They assumed record household debt. We’ve piled on even more. And we share the same basic economy.