Originally posted by reinfeld as long as canadians have the thirty mile strip to live close to the americans they will be able to pretend they have a country.
they live at the southern part of the border because IT"S FRICKIN WARMER there.
There are only 2 reasons why Canadians go to the US:
To sell stuff, and to buy stuff. Old people go to florida so they dont' have to shovel snow.
Originally posted by uzless There was no housing collapse in Canada
What's that thing at the end then? Looks like a bubble bursting to me. BTW, I said bubble collapse (i.e prices re-adjusting to fundamentals), not a general collapse of the sector.
Originally posted by Palynka What's that thing at the end then? Looks like a bubble bursting to me. BTW, I said bubble collapse (i.e prices re-adjusting to fundamentals), not a general collapse of the sector.
not sure what you are referring to in that post. If you are just looking at the chart at the beggining, that was just a FORECAST of what MIGHT happen that was created in 2008 predicting what would happen in 2009.
As you can clearly see here though, none of that happened. House prices may be stabilizing but that is a far cry a popping bubble.
Originally posted by uzless not sure what you are referring to in that post. If you are just looking at the chart at the beggining, that was just a FORECAST of what MIGHT happen that was created in 2008 predicting what would happen in 2009.
As you can clearly see here though, none of that happened. House prices may be stabilizing but that is a far cry a popping bubble.
I cannot clearly see there anything. I just see how the journalist interprets it.
This is the Teranat-Bank of Canada data that your article refers to:
http://www.housepriceindex.ca/admin.aspx?mode=voirHTML&nonews=95&qui=000&langue=EN