This is how Canada’s housing correction begins

Discussion in 'Property Market Economics' started by wombat777, 5th Jan, 2019.

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  1. wombat777

    wombat777 Well-Known Member Premium Member

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  2. MTR

    MTR Material Girl Premium Member

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    What are their current interest rates?

    Also sounds like a version of APRA??

    Many compare Canadian property market to Oz, similar fundamentals, no idea??? Not paying too much attention to this market
     
  3. wombat777

    wombat777 Well-Known Member Premium Member

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  4. Noobieboy

    Noobieboy Well-Known Member

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    Their long term fixed rates are so much better than ours.
     
  5. MTR

    MTR Material Girl Premium Member

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    Dependent on location/state but I think also much lower entry levels
     
  6. TSK

    TSK Well-Known Member

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  7. Foxy Moron

    Foxy Moron Well-Known Member

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    As for Butler, the mortgage broker, he offers what he calls his Mr. T prediction for Canada’s mortgage market in 2019. Echoing the mohawked actor playing Clubber Lang in Rocky III when asked his prediction about the upcoming fight, he says: “Pain. I predict pain.”

    Gold
     
  8. wombat777

    wombat777 Well-Known Member Premium Member

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    Yes, great writing and a huge amount of detail.