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A much needed voice of reason and strength at the same time. Our support from Austria for our friends in Canada. You would be warmly welcomed in the EU. ????

Toronto isn’t alone, globalization has allowed wealthy investors to gobble up homes, destroy the neighborhood and ruined the opportunity for young people to buy a home. \n\nI was saying 20 years ago, where do they expect workers to live in the future if they can’t buy a home in the area? Florida is beginning to experience this in a real way now, lots of older people retire to Florida, but who can afford to live there and take care of them and healthcare and services? \n\nThe problem was so apparent, but the people making money off the real estate bubble didn’t care, the politicians didn’t care, the people that would end up suffering have no voice still! \n\nHere is where it gets worse, even people that have property will have to divide that property up among multiple kids or heirs. When those kids get their share of a property, they’ll be unlikely to afford the rest of the money needed to own a home in the future. It’ll get much worse without major action, the market will not correct itself. The market is functioning just as it was intended, short-term wealth for the few, long-term ramifications for people not even born yet.