Canada's Housing Bubble

Analysis of the real estate bubble in Canada --

Canada’s housing market is stupid Print E-mail

Nov 1, 2011 Adam Button

I’m not a home owner but the Canadian housing market is out of control. I just read a story about a 3700 sq ft house in vancouver that was listed for $1.9m in April, sold for $2.6m after a 25-person bidding war and is now back on the market at $3.5m. In 1996, the same house sold for $531,000.

Knowing the history in the US, I should just lever up buy way more than I can afford and wait for the government bailout.

Related Information

Add comment

Security code

You can help

You may help and contribute by posting your thoughts and adding comments to all articles. The Forum actively encourages your voice at any time.  All opinions are appreciated.

You are here  : Home Bubble Watch Canada’s housing market is stupid