Why Is Housing So Expensive in Canada? (3 Simple Reasons)

Why is housing so expensive in Canada? Three reasons: the 2008 crash Canada avoided, decades of falling interest rates, and population growth. See what you can afford and get your Pre-Approval Protection Report: https://apply.jsgmortgage.ca/fthb 0:00 Intro 0:36 Reason 1: Canada didn't crash in 2008 2:30 Reason 2: Falling interest rates 3:05 Reason 3: Population growth and investors Next video: how to actually buy your first home in this market. Coming soon. FREE FIRST-TIME BUYER TOOLS See roughly what you can afford, then get your Pre-Approval Protection Report. It shows your real closing costs, the documents an underwriter will ask for, and 3 small moves that can cancel a pre-approval: https://apply.jsgmortgage.ca/fthb Ready to apply? Start your mortgage application here: https://japnam-gill-indi-mortgage.mtg... Want to talk it through? Book a quick call with me: https://cal.com/jsgmortgage/discovery... ABOUT ME I'm Japnam Gill, a Mortgage Associate with INDI Mortgage in Calgary, Alberta. I help first-time buyers understand how buying a home works, in plain language. On this channel I explain why the market is the way it is, and how to actually buy in it. Instagram: @jsgmortgages This video is general information only. It is not personal mortgage or financial advice. Rates and rules change, and every situation is different.