Yeah... I remember when I was looking for a house back in 2,000 I set a limit of $100,000 for a small house. At the time I could not find anything (half decent) under $300 k ... times have changed. Soon $1 million dollars will be the average price of a home here in Canada.
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It is pretty bad in California for housing also, and I guess for a lot of places around the world. makes one wonder if we are running head first into another housing bubble worldwide.
I guess we will find out soon enough. I’m going to start tracking the prices to see....