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CREA economist: Market decline ‘hopefully’ ending

Don’t buy house now, waiting for a year to mid of 2023. sign a year lease for a apartment will cost $25,000 for a regular family though these money will spend . If you want to buy a home by the time of mid 2023 then you will save $200,000 -$300,000. Anyway, when you hold a home, you are not only need to pay mortgage + principal but also you need to pay property tax every month. That based on price when you buy. Extra $200,000-$300,000 is one time deal but extra property tax you need to pay until you die. It is a big burden for housing slaves that means you are out of controlling it. Thinking carefully, how difficulty you make $200,000-$300,000 if you are normal worker and get legal income. Take the advantage the artificial housing market is sharply turn and this is you the buyer market. the penis of those sucker is hold on your hands.
Save your money, spend time to enjoy your life and waiting a year.