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by morkalork 583 days ago
The wild thing about the condo boom in Waterloo is 77% of units are owned by investors. It truly exemplifies the mess that is the housing market. Rentors can't break into it and homeowners are doubling, tripling up on properties.
2 comments

The Canadian housing market is apocalyptic. It's hard to think of a greater regulatory failure.
That's a lot of SW Ontario now. I've moved back to the US due to the high costs of the GTA, but a lot of my friends in Toronto own multiple condos.