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When you think of a relaxing, laidback and balmy place to retire, Chicago definitely doesn't come to mind. It's got a population north of 2.6 million, has infamously cold and windy winters, and a...
By Q3 2021, 37.1% of disposable income was needed to pay for housing costs, which represents an increase of 5.2 points in 2021, the highest ratio since 2008. [23] In 2008, the average home prices were much lower than in 2021 and the interest rates were 5 points higher than the Bank of Canada's 2021 rate, which was near zero. [23]
From 2003 to 2018, Canada saw an increase in home and property prices of up to 337% in some cities. [2] In 2016, the OECD warned that Canada's financial stability was at risk due to elevated housing prices, investment and household debt. [3] By 2018, home-owning costs were above 1990 levels when Canada saw its last housing bubble burst. [4]
The economic impact of immigration is an important topic in Canada.Two conflicting narratives exist: 1) higher immigration levels help to increase GDP [1] [2] and 2) higher immigration levels decrease GDP per capita or living standards for the resident population [3] [4] [5] and lead to diseconomies of scale in terms of overcrowding of hospitals, schools and recreational facilities ...
The Marshall Field Garden Apartments is a large non-governmental subsidized housing project in the Near North Side neighborhood of Chicago, Illinois. The project occupies two square city blocks and was the largest moderate-income housing development in the U.S. at the time of construction in 1929. Marshall Field Garden Apartments has 628 units ...
Michael Jordan's Chicago Mansion Sells for $9.5 Million After 12 Years on Market The retired NBA legend's sprawling Highland Park estate has been on the market on and off since 2012 Reuters 2 ...
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