Time to break out the hoses in Canada overheated housing market

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Image by Arek Socha from Pixabay

People’s salaries sure didn’t go up by 22 per cent. Housing price increases have long outstripped income increases in Canada and that trend shows no sign of letting up. It’s no wonder so many people are using rock-bottom interest rates to borrow as much as they possibly can, desperately trying to get a foothold in the market before it moves further out of reach.

Continue to read on: TORONTO STAR