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submitted 1 year ago by yogthos@lemmy.ml to c/canada@lemmy.ca
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[-] avidamoeba@lemmy.ca 4 points 1 year ago

It's unsurprising given the high level of homeownership in Canada which is leveraged for investment in housing. Over 40% of newly built condos in Ontario went to investors. Most of those investors aren't corporations either. They're mom and pops looking for retirement investment.

this post was submitted on 05 Oct 2023
52 points (87.1% liked)

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