&..You can't have your central bankers warning of a problem and then twiddle your thumbs while the problem turns into a catastrophe &..What catastrophe? Interest rates will rise, a few thousand stupid (ill-informed if that's more palatable) recent condo owners in Toronto and Vancouver will be underwater and default, causing a RE Crash. Most Canadian homeowners will hold on to their house, hunker down (just like my folks did in the 70 s) and continue to pay their mortgage while prices drop acro...
aggregated: 13 weeks 1 day ago | 41 views
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