Inflation here? gas/grocery prices just continue to climb
I mentioned this in the investment thread last night. We rented a home in Ontario for about 40 months. Landlord bought the home for 550K in May 2018 and sold it for 950K earlier this month.
That house literally appreciated to a tune of 10K each month. For 40 months. At one point I was saving 2.5K each month to try and buy it. Little did I know I was still losing ground by a tune of 7.5K a month.
The house was 1,400 sq ft an hour outside of Toronto.
Truly insane. We just bought in SC. Housing is more than 50% cheaper in upstate SC compared to southern Ontario. Even adjusting for currency.
So I look at upstate SC as cheap. And all I did was help cause higher prices in upstate SC to the people that live there.