Royal Bank of Canada report, 26% of Canadian households can't afford to buy a house
Rebuilding Place in Urban Space
DECEMBER 23, 2023
-- High rates and prices make it less affordable to own a home in Canada , Royal Bank of Canada In some markets, 80% to 102% of median income is required to own and maintain a house. OTOH, in the US the Wall Street Journal reports on " The Rise of the Forever Renters." The two reports discuss very different phenomenon. One group can't afford housing at today's prices.
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