06-16-2022, 12:52 PM
At my architecture firm we're predicting this upcoming economic crash may stall a lot of projects and slow down new proposals for years all across the country. So many economists and investors are predicting we're about to head into one of the worst economic crashes in recent history with the stock markets in particular falling into an abyss. With inflation and rising interest rates as well, that's going to impact individuals to a heavy degree and make the ability to purchase homes or invest in them a lot more challenging. I'd be curious to see if the real estate market also doesn't fall apart, which would throw a wrench into the projects proposed in Waterloo Region.