/r/CanadaHousing2
Hold your cash now, recession is inevitable and coming soon as history shows that after each cycle when Fed fund rate reaching the peak and starts to cut rate, recession always follows
Mark as read: Add to a list
Mark as read: Add to a list
Mark as read: Add to a list
This is the type of attitude that's keeping Canada from progressing...we can't critize anything or we are canceled.
Mark as read: Add to a list
Mark as read: Add to a list
In 2022, Pierre Poilievre asked CMHC's boss Romy Bowers a good question about the total dollar amount that the taxpayers on the hook, if people default on their mortgages in the coming future as interest rates increasing. There was no answer given but lots of 'point of orders"
Mark as read: Add to a list
Mark as read: Add to a list
Mark as read: Add to a list
Mark as read: Add to a list