@PHfloor@danielfoch@SteveSaretsky Good chart! this isn't a good time to take a mortgage, dispute between the US and Canada, the undecided renewal of USMCA, the rapid instability of geopolitical changes, boc taking liquidity out,cooling the market doesn't mean crashing the market
@ronmortgageguy Ron, have you ever thought that housing is another version of the bond market of Canada? Would you let your bond market down?? Obviously, you are not an economist
@SteveSaretsky If Canada's liquidity reservoir breaks out(Housing or bonds), liquidity would run to the US or other emerging markets or governmental bonds get at least a nice no-risk 5 percent, at that time the only thing ordinary people in Canada have is recession and unemployment.
@franco_nomics If Canada's liquidity reservoir breaks out(Housing or bonds), liquidity would run to the US or other emerging markets or governmental bonds get at least a nice no-risk 5 percent, at that time the only thing ordinary people in Canada have is recession and unemployment
@RoxiR0633390 Does football create mass employment or make money??? Why would you invest or waste resources in something you are not good at ? Don't be stupid
@globeandmail Football does not create mass employment, so why would you want to waste resources to play some game that you are not good at??? The psychology is different
@ironworksJS@Domenic_Toronto The issues here are not about the developer, developers are a side beneficiary, if this sector goes down, many employees don't have a chance to get paid or pay taxes.
@ironworksJS@Domenic_Toronto Housing is like a different form of Canadian Bond,if it is a risky asset nobody would want it, your currency goes down your purchasing power goes down, your property value goes down, and your employment rate goes up, there are plenty of other markets investors can participate in
@lukin2006@Domenic_Toronto It's not a simple supply and demand issue at this time or pricing issues, Canada has a housing shortage, if supply chain malfunctions during the hostile time with the US, much more difficult to rebuild later on, not to mention a huge increase in the unemployment rate
@zhaoxiongding@escapefrommelos Because you are ugly and short, it doesn't mean others are ugly like you, period. What an idiot, pathetic retarted thinking,Worship, I worship you are a little ugly thinking man.