Bank of Canada Governor Tiff Macklem is warning that a correction in housing prices could be coming soon, but the chief economist and strategist of The Desjardins Group says Canada's housing market is expected to cool, not collapse.
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Stop letting in 5000000 Economic migrants in a year we are full .
🤦🏽♂️
CMHC. Will take a hit and bankruptcy laws can wipe out dedt
Keep praying. I’m ready to buy ur dirt cheap house.
Can’t believe so called experts anymore
Gas $2.25 a litre, groceries 25% more, and your yet to adjust to this prime interest hike. On mortgage renewal your payment of $3000 will become $3500 or more 🤕
I hope it collapses
It will.
Of he says it will calm they are trying not to have a market panic resulting in a collapse.
When your mortgage goes up by 30%-45%, which is somewhere between $1000 and $1800 per month, of course it will be a manageable retranchment. I believe this guy!
We need it colder not cooler
Economist’s and weathermen. 🤦🏽♂️
Ha ha, suffering
From under which barrel do you guys get your “experts”?
We are going to see a major deflation, and possibly a hyperinflation following.
Cant trust this guy he’s not gonna say how bad things really are or will be in a year or more. Hopefully housing crashes by 40-50% 😁