Canada Housing

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This is a community to discuss the housing crisis in Canada.

All so Canadians can find a decent home to live in.

Racism is still absolutely prohibited, but you are welcome to debate population growth, immigration rate, foreign home buyers, and the merits of single family homes or the green zone.

A merge of r/canadahousing and r/canadahousing2 for those coming from Reddit.

Bits of the sidebar and logo taken from those subs and will be going through a slight revision as things get settled.

founded 1 year ago

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jackalyst@lemmy.ca

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"luxury" (sh.itjust.works)

submitted 3 weeks ago by CowsLookLikeMaps@sh.itjust.works to c/canadahousing@lemmy.ca

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[–] Maalus@lemmy.world 5 points 2 weeks ago

Well, yeah. You invest into real estate for it to pay off after 20 years and then generate you pure profit. The problem is that at that time, maintaining a 20 yo property isn't cheap either, especially with remodels in between that need to happen to keep it looking good and functional.