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487 sats \ 0 replies \ @kr OP 12 Dec 2023 \ parent \ on: The Era of Easy Money Is Over. That’s a Good Thing. econ
seeing some similar trends in canada. a few months ago, homes for sale were surging, with many staying on the market longer than usual. now it seems like much of the activity is shifting to the rental market, seeing a ton of new “for rent” listings, albeit at record high prices… might be a function of many canadians renewing their mortgages at high rates and needing extra revenue to get by.