Needless to say, “Bubble” is a scary word these days, especially after the US housing crash.
Say the word and almost everyone knows exactly what you mean…it hasn’t always been the case. With the recent run up in some markets many are asking – are we witnessing a Canadian Real Estate Bubble???
With statistics like “1 in 10 Canadian households could have trouble servicing their mortgage if rates jump” and predictions of interest rates doubling by 2011, we can see fear hasn’t left the market… but speculation and hype are certainly back!!
Just this week BNN invited me to discuss the new “bubble” along with other timely topics important to all investors
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