May as well collect up your marbles and go home.
Scotiabank has declared it a soft landing. So nothing to worry about. No reckless lending went on, no big losses for the big 5 and the CMHC won't bankrupt us all.
Phew that's a relief!
Looking Back: Seventeen Years, One Thesis, and a Market Finally Reconciling
With Gravity
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When this blog started, back in 2008, the idea was modest: collect
anecdotes. Stories from the trenches of a housing market that had, even
then, begun to d...
5 days ago
I was almost worried. Thanks for the heads up!
ReplyDeleteOk so sales fall but prices are stable for now. But won't housing starts fall? What about the unprecedented percentage of people employed in the construction and real estate sectors? Scotia isn't looking beyond the end of its nose.
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