Economist’s warning | Canada’s housing market “really overvalued”

Economist Moshe Lander discusses plunging home sales in Canada and the growing risk that tens of thousands could default on mortgages.

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    1. @Tarek Ibrahim it wasn’t houses valued at that price affected much. was 150k to the 500k homes that doubled

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    1. @roof pizza not until it was too late. Interest rates should have been raised small amounts as the economy recovered from the 2008 crash, not when rock bottom rates created another crash.

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