I live in a small city, with few jobs to go around. Bought my modest house 10 years ago for $190,000.
Today, I could easily sell it for $360,000. Since I purchased we've had several major employers fold, and a collapse of retail. Homelessness is at an all time high, and rental vacancies non-existent.
Who is buying all these properties? Boomers and DINK's from Toronto who sold their houses to Chinese speculators who then turn around and overpay for a house here, driving locals out of the market.
Buy a cheap plot of land in the woods while you still can folks. You'll need it once the Chinks buy up every piece of livable land.
I live in a small city, with few jobs to go around. Bought my modest house 10 years ago for $190,000.
Today, I could easily sell it for $360,000. Since I purchased we've had several major employers fold, and a collapse of retail. Homelessness is at an all time high, and rental vacancies non-existent.
Who is buying all these properties? Boomers and DINK's from Toronto who sold their houses to Chinese speculators who then turn around and overpay for a house here, driving locals out of the market.
Buy a cheap plot of land in the woods while you still can folks. You'll need it once the Chinks buy up every piece of livable land.