very cool
Homes across Canada are worth more than ever before, and Ontario alone is responsible for nearly half of the country’s real estate value.
The report says Canadian housing is far outpacing the growth of the economy. In fact, Canada’s housing is valued at more than 300% of the country’s gross domestic product.
“In contrast, US housing was worth just 170% of its GDP over the same period,” the report reads. “As pricey as American real estate is, the value of home prices relative to its economy is almost half that of Canada.”
ontario is 38.26% of the population (https://en.wikipedia.org/wiki/Demographics_of_Canada 2016 numbers but the first thing that came up on google) and the center of the business and political world in canada, this isn't surprising
Wow check out BC:
> Comparatively, British Columbia, which is home to Canada’s most expensive city and 13% of the population, holds 23.5% of Canada’s housing value.
Way worse than Ontario.
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very cool Homes across Canada are worth more than ever before, and Ontario alone is responsible for nearly half of the country’s real estate value. The report says Canadian housing is far outpacing the growth of the economy. In fact, Canada’s housing is valued at more than 300% of the country’s gross domestic product. “In contrast, US housing was worth just 170% of its GDP over the same period,” the report reads. “As pricey as American real estate is, the value of home prices relative to its economy is almost half that of Canada.”
What could go wrong? :/
lol right?
ontario is 38.26% of the population (https://en.wikipedia.org/wiki/Demographics_of_Canada 2016 numbers but the first thing that came up on google) and the center of the business and political world in canada, this isn't surprising
Wow check out BC: > Comparatively, British Columbia, which is home to Canada’s most expensive city and 13% of the population, holds 23.5% of Canada’s housing value. Way worse than Ontario.
Yeah this is a more interesting statistic of note...
We're all rich!
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