On Apr 5, 2:53*am, Tony Hwang wrote:
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?

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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...ing-markets-in...

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)- Hide quoted text -

- Show quoted text -

What you need to fear is the coming revolution.