Jlaw
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The house high prices in Canada is not due to population factors. The factors are:Do canadian or Australian have more employment opportunities than Japan and USA?Is their house cheaper than Japan and USA?The house price in Canada and Australia is even higher than USA while they only have around 1/10 population of USA.You logic is total BS.
1. Builder greed. They build houses just below the vacancy rate in order for prices to remain high.
2a. Low interest rates (2%)
2. You foreign assholes! The biggest buyers of houses in Canada are foreigners, mainly mainland Chinese. The corrupt officials along with their family are using stolen money and buying up properties in Canada and Australia.
3. Immigrants. Canada allow too many immigrants each year and they are the biggest buyers of properties across Canada not the local Canadians.
That's what I'm saying.It has nothing to do with population.the school size in japan is 28,USA is 20.