Calgary…cheapest houses in the world ?
https://www.westerninvestor.com/news/alberta/calgary-world-s-most-affordable-city-for-housing-u-k-study-says-1.24304783
this post contrasts with some previous comments about the market overheating and a huge run up in costs to build. Examining the methodology of this study shows it is a little more bogus. It compares 1 bedroom condos across the entire world. That isn’t the most popular type of housing in calgary and prices of condos are down based on local market conditions. Regardless of our opinion on this study, being ranked #1 in any world wide study is really bizarre.
I’d like to see a better study done with more categories of housing included. 1 bedroom condos are similar everywhere, houses are totally different, so the comparisons will be less legitimate.