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"Vancouver, Canada is now the third most expensive housing market...

@WallStreetMav
Wall Street Mav@WallStreetMav
40 views Apr 27, 2024 ~1 min read
"Vancouver, Canada is now the third most expensive housing market in the world"

"Toronto has the worst housing bubble on planet earth"

"We have the most mortgage debt by far of any G7 country"

"This is INSANE"

"What is the number one cost to building a new home in Vancouver, Canada today?"

"Government permits"

"Government represents 60% of the cost of a newly built home in Vancouver today"

"Both of them more expensive than New York City, Chicago, Los Angeles"

🚨🚨🚨
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