Linking immigration and home prices
Posted on Dec 13, 2021 in Home prices
“It is a conundrum.” — Stephen Brown, senior Canada economist at Capital Economics, on the effect of immigration on housing costs.
The conundrum is that immigration is desirable, even needed, in Canada…and that curbing escalating housing prices is also desirable, even needed.
One is expected to fuel the other. If you have high immigration, it probabl...