Canada’s Property Bubble Is Now So Large, A Soft Landing Would Take 19 Years

Author: Andre Ouimet - Mortgage Agent | | Categories: Mortgage Agent

Canadian real estate prices are now beyond frothy, and the government says that’s fine. They believe they can prevent home prices from falling, and let incomes catch up. If you’re in government or banking, you may have already seen me explain how impossible this is. If you haven’t, this is known as the “soft landing” scenario, and it has never happened.

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Original Article Source Credits:   Better Dwelling ,

Article Written By:  Stephen Punwasi

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