Homeowners in Canada, New Zealand, and the UK face rising financial pressure as housing markets collapse. Many sell at a loss or abandon homes, leaving debts behind. High interest rates, long-term unemployment, and global economic slowdown worsen the situation. Trends show housing bubbles imploding worldwide, mirroring pandemic-era policies. Stability is uncertain, and finding a new job is increasingly difficult, signaling a precarious economic environment.
Canada’s Housing Crash Has a Twin: New Zealand (UK Turning Next)
