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Is Canadian serious estate in problems? Vancouver home loan broker





Is Canadian serious estate in problems? On Wednesday, The National’s Base Line panel took a look at Canada’s housing industry from all perspectives. CAW economist Jim Stanford, previous bank economist Patty Croft, particular finance writer Preet Bannerjee and CBC’s individual Amanda Lang chatted with Peter Mansbridge just lately in a broad-ranging dialogue on Canada’s housing industry, some of the pitfalls it really is experiencing and some of the opportunities it might current.

8 comments

  1. "If you for example you are living in Calgary or Edmonton, those cities have the best outlook, not just for this year, but for the next four years." – Patricia Croft, 2012

    These are the experts who you pay to invest your hard earned money.

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  2. And there again that lady economist floating the myth that simply owning a house is an investment. It is if you plan to use momentum to exit that investment at some point, or if you rent it out but if you just make the monthly payment and sit in your living room watching her on TV telling you you just made an investment, then you simply bought a (durable) consumer good. That's it. The CAW economist (surplisingly) is right

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  3. the market is defiantly not in trouble now

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  4. everything is fine and great until its not. this is how the news works. remember the US saying over and over all is fine before the market crash. well, we are in for round 2.

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  5. Interest rates should remain low as long as the US government owes lots of money. At present 16+ Trillion, + another 200 trillion in unfunded liabilities. The higher the interest rates, the more the US Gov will have to pay on the national debt. If interest rates go up too much, the states will have an economic collapse.

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  6. The Canadian RE market isn't dying. There are plenty of opportunities abounding; you just have to do your research and know how to find them.

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  7. i dont think so sorry lol

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  8. for every city it is different but the housing in toronto is crazy who ever can afford a house in toronto they must ether won the loto or a high end lawer lol

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