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Gold for house (lemmy.ca)

submitted 9 months ago by n7gifmdn@lemmy.ca to c/memes@lemmy.ml

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wood for sheep?

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[–] Zehzin@lemmy.world 38 points 9 months ago (1 children)

$649,000 for 10 bars, that’s a low cost of living middle class place or HCOL very small house that needs renovation.

What the fuck is going on with house prices up there

[–] skydivekingair@lemmy.world 9 points 9 months ago (1 children)

Sub 2% interest rates for 2 years for loans and then jumped to ~8%

Market is wildly variable.

[–] Kidplayer_666@lemm.ee 8 points 9 months ago

And probably the fact that post 2009 the construction industry collapsed and a lot fewer homes are getting built