Proof The Canadian Housing Market Is Crashing!

Proof The Canadian Housing Market Is Crashing!

You won't hear this on mainstream news outlets like City News, CTV News, CBC News, and Global News. You won't hear real estate agents or mortgage brokers making these comparisons either.

Please sign up for my FREE email list below 👇

Oustanding books
More to be added!

Sources

#LeaveCanada #Collapse #DebtBubble

Disclaimer: Some of the links in this description & video are affiliate links, which means if you make a purchase through them, I may earn a small commission at no extra cost to you. This helps support the channel and allows me to continue creating content. Thank you for your support!

[Riggsnic_co]

Back in the day, when I purchased my first home to live-in; that was Miami in the early 1990s, first mortgages with rates of 8 to 9% and 9% to 10% were typical. People will have to accept the possibility that we won't ever return to 3%. If sellers must sell, home prices will have to decline, and lower evaluations will follow. Pretty sure I'm not alone in my chain of thoughts.

[vrandonfinn]

The wisest thing that should be on everyone's mind currently should be to invest in different streams of income that don't depend on the government. Especially with the current economic crisis around the world. This is still a good time to invest in gold, silver, and digital currencies.

[Evilslayer]

On top of that mass incoming layoffs, uncontroled immigration what can go wrong?!?!

[Marcus-ssgn]

Is %20 down really a loss after making a %300 profit in the last 5 years?

[laurafulton]

Is there a Canadian left in overcrowded Toronto?

[numbercruncher]

Depends where you are. Real estate is on fire here as we speak. Don't really see an end to it.

[kimmcmillin]

Clearly it is going to happen across Canada

[bobbarker]

The experts have been saying the sky is falling for over a decade now, the bubble is about to burst, it hasn’t .
But now definitely right
Lol
Condo and house are very different markets

[saifchowdhury]

I live in Bayview village in toronto (in a decent basement). There are so many houses up for sale for months now! However, no one can afford to buy these places!

I tell my wife that even if the prices are halved, we won't be able to afford one of these. 😂

[John-uly]

People inherite money and take a chance, then loose it all, i seen this before

[allatonce]

-50% you say ! I wonder if they are dangerous where once they were kind caring people ? And on top of that the food banks are empty and desperate all the way across this 50% of a nation and winter will be whistling through Canada real soon !

[JIMBAG]

we sold a house that was worth maybe 50 grand during Corvid and got 375 grand for it

[JacobPaula]

No financial institution should be allowed to own 40% or more of the single family homes. This recession is paving a way for a monopoly on homes to further rid of the middle class. It would be wise for most Americans to not sell their homes if they're able to.I want to buy houses cheap in 2024 and maybe invest in stocks. When's the best time to buy stocks? Some say they make a lot, others warn the market is risky. Advice?

[ElizabethMoore-kh]

Fear a housing crash due to people buying homes above asking prices with little equity. If prices drop, affordability and potential foreclosures may arise, worsened by future layoffs and rising living costs. I want to invest more than $300k, but I'm not sure on how to mitigate risk.

[Josephbasta]

I will be forever grateful to you, you changed my entire life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Katherine Storch.

[derekd]

Home prices in Canada simply don't make any sense.

[marydinev]

WEF, "you will own nothing and be happy about it ". This is exactly what they want

[DanielH]

I'm not going to feel sorry for greedy morons who overleveraged themselves during an era of artificially low interest rates.

[findingpath]

From $9K to $35K that's the minimum range of profit return every week I thinks it's not a bad one for me despite the market fluctuations

[elvan]

Canada is boring, feeling less place right now .Housing prices is the least problem .If you can't buy food to put on table and you are living like a zombie then why are you holding on house prices?.They are all prisoners of their houses .