It's all about supply and demand. The demand is artificially high because the government has so much debt it need to keep flooding the country with immigrants. Every new person in the country spends money which makes the government GST and PST. Ontario alone must pay 1 billion dollars in interest! So that is reason for the mass immigration and why they will not change. Investors understand what is going on and buy houses, land and condos like stocks or bonds.
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http://www.generationscrewed.ca
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Toronto and Van are finished. Toronto you can see is so congested, run down infrastructure, public transport, no parking, polluted and stressful; why would you even want to live there? The answer is to move to another town or even another county. That's what globalization means after all, that you are expendable, you have been sold out, so you have to roll with it and keep moving. Don't identify with being Canadian because it has no identity, once you identify with some place you will be lost