Canadian real estate prices have surged in almost every market, with a typical home price doubling in many regions. A median household in major cities like Toronto and Vancouver would need to save over 20 years for just the down payment, more than 3x the historic average. Seems absurd? The outlandish scenario was apparently a […]
By “devils” he means property investors, bankers and in general the kinds of people that donate to parties and give board seats and reciprocal business arrangements to politicians.
It could be, but this benefits all homeowners, and ordinary ones make up the most politically important block, which is why I’m unclear. OP could mean anything from all homeowners (the edgey take) to just the billionaire ones.