Cost of waterfront property is drifting out of reach of average northerner
CBC reporter Erik White takes the temperature of the waterfront real estate market in northeastern Ontario.
In many parts of the northeast, $150,000 will just get you a lot on a river or lake
Many northerners spent the first long weekend of the summer at their camp (or, if you prefer, cottage).
And many more spent the weekend wishing that's where they were.
It's that second group that is keeping real estate agents across the northeast busy at this time of year, hoping to get a getaway of their own.
But the number of people who can afford a summer place is going down as the prices go up.
CBC reporter Erik White takes the temperature of the waterfront real estate market in northeastern Ontario in this chat with Morning North host Markus Schwabe: