And one is often overlooked
, but economists at RBC say they have identified forces in Canada’s economy that will protect the market from a “full-blown housing crash” as suffered by the United States during the 2008 financial crisis.
But there is another trend in our society that the economists say is often overlooked: the size of our households is shrinking. The size of households has a big impact on the number of housing units needed by Canadians, whether owned or rented, said the economists.
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