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Old Posted Oct 13, 2020, 11:26 PM
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dc_denizen dc_denizen is offline
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Join Date: Oct 2005
Location: New York Suburbs
Posts: 10,999
Global interest rates are near - nil , the rich worldwide are flush with cash , and Toronto aspires to be a kind of Dubai of North America , where rich third world elites stash their cash in a safe asset (housing ) supported by a cooperative and compliant government . Sort of like Miami a while back

Housing is a principal industry in Canada , and obeys very different fundamentals there than in most of the rest of the western world
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