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r/CanadaHousing2

▲ 58 r/CanadaHousing2

What do you actually think could happen in the next 10 years?

So, was on a walk and begun to reflect about everything that's happening. You guys are the last people who I have to describe the current events and how it's impacting everyone.

I have to say, my empathy levels are now at an absolute low. I am exhausted. Again, I don't need to tell you in which ways, I think you already got it.

This seems to be growing among Canadians rapidly. I think the government is completely underestimating the instability factor but also the power vacuum that can happen. I feel ignored.

What do you think will happen in the next decade?

reddit.com
u/Careful_Pop1870 — 6 days ago
▲ 15 r/CanadaHousing2+1 crossposts

What happens to the housing inflation number if Canada adopts the U.S. "Rental Equivalence" Method?

The U.S. tracks shelter costs using "Owners' Equivalent Rent" (OER). This estimates what homeowners would pay if they rented their own homes. While Canada measures the physical components of homeownership, such as depreciation and actual mortgage interest costs. Since Canadian mortgage components and depreciation levels dropped over the last year, housing appears to exert less upward pressure on Canada's numbers.If Canada were to evaluate its consumer prices utilizing the American rental equivalence model, Canada's true headline inflation rate would actually rise to roughly 3.7%, putting it virtually on par with the U.S. And currently our BoC interest rate sits at 2.25%, while the US Federal reserve is 3.50% to 3.75%.

https://thehub.ca/2026/06/19/canadas-inflation-situation-looks-better-than-americas-its-not-heres-why/

Canada is unique among major G7 economies because Statistics Canada directly includes mortgage interest costs in its Consumer Price Index (CPI). Most countries in the world—including the United States Bureau of Statistics, the member states of the European Union, the United Kingdom, Australia, New Zealand and Japan—exclude mortgage interest and mortgage costs from their primary Consumer Price Index (CPI).

They view mortgages as capital investments rather than direct consumer goods, leaving them out of standard cost-of-living indexes.

The Circular Effect: When Bank of Canada raises rates to fight inflation, the mortgage interest component in the CPI goes up! This can push headline inflation higher, creating a feedback loop.

u/Present_Ad_2742 — 6 days ago
▲ 35 r/CanadaHousing2

Fighting Ourselves.

How is progress supposed to be made towards affordable housing when the vast majority of Canadians capital is stored in real estate? Seems like a direct paradoxical conflict, you cannot solve this problem when the populous is highly invested against affordable housing? So much of our populations wealth is derived directly from the crisis, some will say oh but it creates homelessness and drug addicts on the street etc etc. Except all that serves to further enrich the suburbs and gated condo communities which is the majority physical form factor of these new developments? So much of our economy is pouring into unproductive assets, the only way I can see a recovery is a huge bubble pop, Which in turn will make billions of dollars Canadians earned money that will vanish into thin air. Alternatively we enter a 3rd world war, within the next 20 years and rapidly re-industrialize (which will probably end in total human extinction). I don't really see a way out aside from the "you will own nothing and live in a pod" scenario for a vast majority of the population.

reddit.com
u/Only-Response-731 — 9 days ago
▲ 664 r/CanadaHousing2+6 crossposts

A luxury Yorkville condo just sold at a $450,000 loss, as the condo crash hits the high-end market

  • A sleek one-bedroom condo with floor-to-ceiling windows, views of the CN Tower and more than 1,000 square feet just sold at a significant discount.
  • Located in the upscale “Yorkville Private Estates” building, near Bloor Street West and Avenue Road, the unit changed hands for $1.465 million in July, according to real estate listing platform HouseSigma, about $450,000 less than what the sellers paid in 2021.
  • Such big losses have become increasingly common in Toronto, particularly for people who bought condos near the market peak in early 2022 and sold during the current downturn.

Read more with this gift link. No paywall.

thestar.com
u/toronto_star — 12 days ago