Canada's Real Estate Problem

BlueJaysBlueJays Posts: 82 Bronze ✭✭✭
edited January 2016 in Community Cafe
bloomberg.com/news/articles/2016-01-29/canada-s-one-legged-stool-economy

In my opinion, it depends on inflation on consumable things we need to survive (food) + the upcoming unemployment rates .. Even with a fixed mortgage rate over time, with your money buying you less food and other necessities it could spark a ripple of mortgage defaults with a surge to rental real estate .. homes supply outweigh demand causing a big devaluation in prices.. How much is the question.

What are your thoughts?

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