Housing crash is “imminent”?
You say there is housing bubble, a housing crash is imminent. They say Canada is different, they is no real estate crisis whatsoever, or even if there is a downturn, one like the U.S. simply won’t happen in the Great White North. Not a chance … Because Canadian financial institutions are simply too big, so strong, and so prudent that they can easily weather any downturn like a child play.
Well, I don’t know what else to say? Guess I read too much …
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Anyway, in every action, there is always a reaction …
Talk of housing bubble premature, says new report
Radio Canada International – Jun 28, 2016
Any additional tightening of mortgage rules to prevent a potential housing bubble in Canada’s red hot housing market could hurt the economy, says a new report by Mortgage Professionals Canada. With Canada’s resource sector in deep slump because of …
