Subscribe to Deal of the Week:
https://www.condowong.ca/deals
Schedule a Call with Dan:
https://www.condowong.ca/call
Global Housing Crisis Top 10 Most Unaffordable Cities in the World
n this video, we dive deep into the alarming rise of housing prices in Toronto and Vancouver, now ranked among the top 10 most unaffordable cities in the world. Discover how the global housing crisis is reshaping the middle class, making homeownership a distant dream for many.
Global Perspective: We zoom out to provide a bigger picture of what's happening worldwide, examining how the pandemic, remote work, and urban planning policies are driving this crisis.
Key Findings: Learn about the latest research from Chapman University on international housing affordability, and see how cities like San Francisco, Sydney, and Hong Kong compare.
Middle Class Definition: We explore what it means to be middle class today and how the traditional concept of homeownership is being challenged.
Housing Affordability: Understand the underlying reasons why housing prices have escalated far above household incomes, and why it's so difficult for affordability to return to previous levels.
Discussion: What do you think about the current housing market trends? Share your thoughts in the comments below!
Like & Subscribe: If you enjoy indepth analysis and discussions on real estate and housing markets, don't forget to like this video, subscribe, and hit the bell icon for notifications!