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TRENDS IN THE HOUSING MARKET — WE'RE NOT IN A HOUSING MARKET ANYMORE! WE'RE IN A HOUSING ECONOMY!

693 views · Published 8 February 2018 · 1:31:15 · Indexed 27 October 2026

Channel: Mike Martins · 2018 · People & Blogs

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“we're not in the housing market anymore we're in a housing economy”
— Mike Martins

Country Archive subjects
Canada Vancouver housing rally, Toronto sales plunge, foreign capital, empty homes
Australia Sydney essential-worker exodus, falling prices, Melbourne auctions
New Zealand Auckland housing, property losses, foreign-buyer restrictions
United Kingdom London property discounts, worker exodus, Midlands housing
Ireland Brexit uncertainty, Irish property prices, affordability
United States Seattle record prices, Portland housing, California and Chicago migration
China Overseas capital, property speculation, international investors
Mexico Foreign ownership restrictions, housing comparisons
Switzerland Foreign property ownership controls and residency requirements
Hong Kong Nonresident property taxes and international housing investment

This episode makes a particularly strong international connection: when teachers, nurses, emergency workers, and ordinary families cannot afford to live in major cities, the housing crisis becomes a workforce and community crisis. Pasted text.txt

4. Prediction Alerts — February 8, 2018
Prediction / warning What you anticipated

1. Housing economy collapse A correction could unfold over months or years because housing is deeply tied to the economy
2. Essential-worker exodus Nurses, teachers, and emergency workers could be forced to leave expensive cities
3. Seattle housing escalation Seattle could experience an increasingly severe affordability crisis
4. Vancouver population displacement More families could leave Vancouver for smaller communities
5. Okanagan housing inflation Migration from Vancouver could increase property prices in the BC Interior
6. Sydney housing correction Sydney prices could decline significantly beyond the modest falls being reported
7. Generational homeownership crisis Younger generations could find ownership increasingly unattainable
8. International housing contagion Similar housing pressures could spread across English-speaking countries
9. Retirement insecurity Housing and financial instability could threaten older households and pensions
10. Family formation crisis Expensive housing could discourage young adults from having children

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