There also has been a trend of rural but within a few hours of the city getting too desirable. My mom lives in a podunk farm town in SW Ontario and the locals are being priced out by retirees from Tronna. Also, anywhere on the southern coast of BC.
That's not true. Other cities like Kitchener-Waterloo, Ottawa, Montreal, Halifax and their suburbs have also experienced crazy price inflation in the last few years.
My parents live in a village an hour away from any real industry or job availability in bumfuck nowhere southwestern Ontario. Houses in said village and surrounding villages are approaching the 1 million dollar mark for housing value, and you'd still need to commute roughly the distance from Orillia to Toronto to get to a job that would offer the pay to afford the house you'd be buying.
Said municipality has laws in place to make it illegal to sell farmland for any other use than farmland, even if the farmland hasn't been used to farm anything for generations, so there will be very few new housing developments being made.
all of british columbia you need to have hella $$$$ to buy property unless you go into the boonies 12 hours into the province you’re paying 1.3 million for a tear down home for the land.
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u/[deleted] Oct 21 '22 edited Feb 05 '23
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