Tag: Canada
Has a belated bubble formed up north?
Canada missed the U.S. housing bubble of 2005 – 2007 because of tighter mortgage rules… As a result, Canadian housing sailed through the Financial Crisis… Subsequently, because of favorable demographics, including high immigration rates, Canadian housing has dramatically outperformed the U.S.… But markets adjust… Interesting essay by Ritholtz asset manager Ben Carlson entitled Canada’s Housing […]
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