Canucks in Florida, go home
U.S. families may have a few choice words for Canadians hoping to buy a property down south. That`s because many Americans feel they`re being shut out of the recovering housing market`forced to wait, watch and rent the homes they`d like to purchase, as Canadians, Chinese and institutional investors, among others, outbid them and snap up single-family homes.
Over the last couple of years, U.S. real estate has started to make a slow comeback, with homes appreciating 20% to 40% since the 60% drop in value during the 2008 housing crash. This makes real estate very affordable for Canadians, if not for American families.
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