TRENDS IN THE HOUSING MARKET — THE WORLD WIDE MIDDLE CLASS IS BEING PRICED OUT!
661 views · Published 9 November 2017 · 1:31:59 · Indexed 4 November 2026
Channel: Mike Martins · 2017 · People & Blogs
“When the police officer can't afford to buy ... when a doctor can't afford to buy we're in trouble.” — Mike Martins Country Archive subjects Canada Empty homes, foreign investment, household debt, working poor Australia Sydney housing crisis, essential-worker displacement New Zealand Auckland affordability, foreign buyers, mortgage leverage United Kingdom London worker exodus, Edinburgh house prices Ireland Dublin housing inflation and workforce affordability United States Seattle, Portland, Texas property taxes and housing costs Prediction alerts — November 2017 Prediction 1 Essential workers could be forced out of major cities You warn that cities may struggle to retain doctors, nurses, police officers, and other critical workers if housing becomes unaffordable. Prediction 2 A housing market correction is eventually unavoidable You argue that leveraged property purchases and rising prices cannot continue indefinitely without some form of correction. Prediction 3 The Canadian brain drain could accelerate You raise concerns that healthcare professionals and other skilled workers may relocate to more affordable regions or countries. Prediction 4 Real-estate-dependent economies could face recessionary pressures You warn that economies relying too heavily on housing activity instead of production and exports could become vulnerable to a downturn. Prediction 5 Housing costs could reshape family formation You argue that high shelter costs are causing younger generations to delay marriage, children, and settling down. #mikemartins #TrendsInTheHousingMarket #housingcrisis #housingbubble #canadahousing #australiahousing #newzealand #ukhousingcrisis #workingpoor #middleclass #realestate #housingaffordability #mortgage #global
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