The truth is that homes deliver enormous non‑financial value — stability, community, belonging. Those are reasons to buy. But as financial assets, they come with structural constraints: They are expensive to maintain, difficult to trade, impossible to diversify, and usually purchased with significant leverage. The investment component is real but volatile, and its return path can be long and uneven. For home buyers now facing losses, this is not an individualized failure. It is the predictable outcome of society promoting an undiversified, illiquid, highly leveraged asset as if it were the ultimate life goal.
Pass a law that corporations or businesses cannot own family dwellings and BOOM!..rent decreases and purchase opportunities throughout the land.
I haven’t seen stats showing businesses own a large amount of single family dwellings or apartments in Canada. Individuals seem to own a lot of condos for investment (with businesses owning a bit less).
Do you have stats showing corporations owning a significant portion of Canadian real estate?
This article is 4 years old chances are it’s in full swing by now.