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FLCA - Canada Leads In Most Unsustainable Housing Bubbles
Franklin FTSE Canada
Canada has a housing problem that magnifies economic and social instability.
A new UBS study confirms that housing bubbles accelerated over the past year as the pandemic ignited a global spending spree enabled by central bank and government stimuli.
The Greater Toronto Area now ranks with Frankfurt as having the most over-valued housing in the world. Vancouver is in the top six.