Duesenberg wrote:
On 4/4/2012 6:42 PM, Home Guy wrote:
Ever notice that you never see headlines like "Canadians brace for next
forclosure wave" ???

Now - who's going to be the first bone-head to full-quote the entire
text of this post just to add one line?

=========================================


The OECD says Canada has the second highest rate of overvaluation of
homes in the developed world.... And that the USA is undervalued at 9%


http://www.businessinsider.com/the-m...-world-2012-2#

Hi,
No wonder Canadian government is tightening the regs. on housing market.
Mortgage and financing. Latest survey shows about 60% of people said
they can withstand housing market crash. Also the risk level is
different between regions. Over all, it won't be as BAD as U.S. if and
when worst comes.
I don't care, all my 3 properties are paid for long ago.(House in the
suburb, condo in down town, cabin in the mountain)