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Author: george [757 views] 2023-09-14 08:08:25

Canada’s housing bubble: ‘Sliding down the slippery slope of hope’
Canada is facing a massive housing bubble after more than two decades of cheap money and lax lending standards. And with a widespread affordability crisis, the country is now at an escalating risk of a housing bust. Many Canadians maintain hope for a soft landing, but higher mortgage rates and softening employment conditions are a lethal combination.

The rise in home prices to nosebleed levels began in the early 2000s ...

https://www.theglobeandmail.com/business/commentary/article-canadas-housing-bubble-sliding-down-the-slippery-slope-of-hope/

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