@chrono_chartist Check out Canadas, worse than Aus and it's already popped in '22. Down 30% and probably some more to go.
All mortgages are on 5 year terms. So everyone is renewing from their COVID low rates of 1ish% to 4%
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@Guv999 Guv I know you said don't hold onto debt in coming years. Should I sell my primary home and walk away with maybe 80k. Sold at peak with 450k profit in 2 years and bought at peak.and down Maybe lose 100k out of pocket.
Luckily have crypto and stocks.
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@Guv999 Guv seen your western RE outlook and to be debt free. Canada already corrected 30% from 22 highs. Possible for more correction?
Thinking of getting rid of primary home with 700k debt and salvage whatever capital possible
@IncomeSharks@pew_shot Is ur discord still going? Would you ever reopen for more? I only know Abt it when you got hacked and previous users got onboarded to the new one.