Re: Bank of Canada annouces 3 more rate hikes before 2023
Originally Posted by
GretzkysMullet
If you look at rates historically they were unsustainably/historically low before all this happened. I'm getting screwed on this myself, but it was never realistic to expect rates to stay that low forever.
It's the rent jump that's really mind blowing. 2 bedrooms in really nice apartments were only $1350 7 years ago, now they go for $2500
I'm watching all my renting friends suffer and wishing something will change
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