Canadian housing markets are in a category of their own. No housing market in the US – no matter how crazy Housing Bubble 1 was, which began to implode in 2006, or how crazy Housing Bubble 2 is or was – can hold a candle to the most splendid housing Read More…
The canadian housing market bubble
The banks are doing what the banks do best in this situation, make money for their shareholders. The banks make money off the interest they charge for loans. Actually, they make their money on the DIFFERENCE between the rate that they pay (the prime rate) and the interest rate they Read More…
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