Could the Quantitative Easing by the Bank of Canada be the identifiable rocket fuel that is feeding the frenzied G.T.A housing market?
Several leading bank economists believe there is a direct correlation between the unbridled capacity of our central bank to swallow every form of repackaged debt, particularly their own, and the runaway price inflation of properties. (Wong, 2022)
The residual repercussions from the pandemic accented to the property price spillover from the Golden Horseshoe for at least 100 miles into S/W Ontario. Property prices in rural S/W Ontario have risen more in the last 2 years than in the last 50 years combined.
Many are asking; How much longer and higher can home prices rise?
All the while Canada sleeps beside and does 75% of its trading with an economic behemoth on steroids. (20 trillion in the recent stimulus).
So you are not alone in thinking that money has lost all value. How does one best traverse forward is the real question?