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Canada Toronto Real Estate Housing Market Crash 40% 2020

Written By Canadian Renaissance on Saturday, Apr 20, 2019 | 10:52 AM

 
Sorry for the crappy production value. Not financial advice. China credit bubble - marginal credit issued by Chinese banks, Chinese money saturating Canadian real estate markets Foreign criminal, illegal money being snow washed through Canadian real estate market Household debt to GDP ratio Mortgage credit card and consumer debt - Canada's cheap debt addiction BOC benchmark rate hikes New mortgage restrictions - able to borrow up to 20% less than previous years Loans becoming delinquent Panic selling - people who bought near the top selling out of panic that their asset is tanking, boomers selling who are near their retirement and counting on the value of their house as retirement savings, etc Are all just some of the factors that could precipitate a collapse. Once an asset starts tanking, most people are afraid to buy in from fear of it tanking further.

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