i suspect many in Europe, Canada, UK and Australia do not realize how cooked they really are many dont even realize that they are potentially working their last corporate job ever Jobs are going to be down only in these countries due to hostile business environments, causing employers to leave, as well as AI taking jobs away, were in for mass layoffs this will undoubtedly impact the property markets in these countries too, as property is directly tied to employment, as more people have jobs more people can take loans and buy houses less jobs = less loans = less demand for house purchases also bringing in migrants is not going to work, as they cannot even find jobs to then be able to take loans and buy houses. they will be a leech off the government (further contibuting to the economic decline) the bad business environment also is a bad investor environment, those who have the capital to purchase homes inthese countries, even in a downturn, are increasingly finding themselves questioning if they want to own property in increasingly hostile socialist countries that not only tax your gains and wealth in the housing, but are increasingly taking away your rights with tenancy etc so you have those that want to buy houses (residents and migrants) not able to cause no jobs + no loans... and those that CAN buy houses (the rich) being driven out and not wanting to buy all in all its a pretty bleak future for some of these countries, and it is all because there is no growth because they drowned out and became so hostile to businesses and investments quite bearish on these countries in the next decade, not sure how they will turn them around.