LogFAQs > #895186194

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TopicSigned off on a condo, cuz buying a house alone was impossible. Whelp.
Doctor Foxx
01/31/18 2:21:56 PM
#16:


supergamer19 posted...
I'm not saying that a crash is impossible, but 2008 was the fault of the US banks being idiots with their approvals. Canadian banks are notoriously stingy to avoid situations like that. In fact, qualification standards have gotten harder since the new year even though interest rates went up. Prices won't be going down anytime soon, unless some sort of war or disaster blows through here.

I'll tell you those bubbles can and do burst up here. Canada is going to have an even worse plummet with housing values as soon as foreign property ownership is addressed
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