The OECD recently said that Canadian real estate prices are overvalued by 33% based on price:income ratio. Will Dunning is an economist who noted that when you use the same premise, you come to the conclusion that rents are undervalued in Canada by 36%. Could this be true? We take a closer look in this episode. PLUS we talk about a new student rental opportunity coming soon in the GTA.
Related Links:
Will Dunning Economic Research Inc.
Will Dunning’s November 2015 Housing Report “Overvalued Housing Markets? Not Really”
OECD’s warning of sharp Toronto housing correction condemned by leading economist
University Studios - New Condo Project at UOIT
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