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DeletedUser394
Guest
Yeah, like you said. The majority of the larger cities (all 5 of them lol) are in a bubble.
Most people can't even afford their homes to begin with. If and when interest rates rise, it will pop.
Canada runs on the commodity sector. The sector which is currently getting decimated. I would wait until the bottom falls out. We're already seeing month over month declines in high end real estate, but the lower/medium end is still largely unaffected.
Went biking with another fastlaner today, and on a relatively short 'posh' street there were 13 properties for sale. Worked out to every 6th or so house.
Most people can't even afford their homes to begin with. If and when interest rates rise, it will pop.
Canada runs on the commodity sector. The sector which is currently getting decimated. I would wait until the bottom falls out. We're already seeing month over month declines in high end real estate, but the lower/medium end is still largely unaffected.
Went biking with another fastlaner today, and on a relatively short 'posh' street there were 13 properties for sale. Worked out to every 6th or so house.