Toronto's Realestate plummets, Panic has started as new policies are implemented.
[youtube]cb2Sdye2IP4[/youtube]
Published on Jul 4, 2017
07/04/2017
Ontario housing policies could lead to an overcorrection
Samantha Brookes, CEO of Mortgages of Canada, says the Wynne government was not properly informed on how their housing measures would impact the real estate market.
Canada's is in a Huge Housing Bubble and Maxed out on Debt .Protect yourself,your family and your Country from financial ruin,simply by reducing your debt. Don't be fooled by the hype in the news.
For a long time now the bank of Canada has been warning that Canadians are in too much debt.
Quote: “You’d be an idiot to buy a house!” Kevin O’Leary
http://www.canadiancontractor.ca/cana...
-Hilliard MacBeth : WHEN THE BUBBLE BURSTS
Surviving the Canadian Real Estate Crash
Hilliard MacBeth has advised Canadian individuals and families from across Canada on their investments for over thirty-five years. His 1999 book, Investment Traps and How to Avoid Them, predicted the collapse of the dot-com bubble in the stock market and gave investors practical advice on how to avoid getting caught off guard by market cycles. Hilliard lives in Edmonton.
https://www.dundurn.com/books/When-Bu...
Juggling Dynamite | By Danielle Park
https://jugglingdynamite.com
Danielle Park is a Chartered Financial Analyst and lawyer with over 16 years of professional consulting experience. She helps manage millions of dollars as a portfolio manager and partner at the independent investment counsel firm she helped found.
Harry Dent – Are You Ready to Survive and Prosper?
Harry Dent : “The Sale of a Lifetime:
How the Great Bubble Burst of 2017-2019 Can Make You Rich”
Harry S. Dent Jr. studied economics in college in the '70s, but found it vague and inconclusive. He became so disillusioned by the state of his chosen profession that he turned his back on it. Instead, he threw himself into the burgeoning new science of finance where identifying and studying demographic, technological, consumer and many, many other trends empowered him to forecast economic changes.
-www.WorldAlternativeMedia.com
Josh Sigurdson sits down with author and economic analyst John Sneisen to talk about some serious new developments in Canada as the housing bubbles in Vancouver and Toronto among other cities begins to burst following what has been deemed Canada's "New Century" moment.
Home Capital Group has seen a stock plunge of 60%, this as the Toronto and Vancouver real estate markets inflate to all time highs. Collateralized Debt Obligations (packages of bad mortgages with a couple good mortgages in order to rate them high) are seeing more light in recent times in Canada which is very reminiscent of what we saw in the United States in 2008 right as the bubble burst.
We also recently reported on BMO bundling bad mortgages as well which is a first in Canada.
As market manipulation gets steeper and steeper, there was no doubt this was eventually going to happen. This is the inevitable end of artificial markets. This is what happens when markets listen to government and central planning rather than individual demand.
www.WorldAlternativeMedia.com
-http://www.macleans.ca :
What the Home Capital Group,Canada's Largest Mortgage Company crisis reveals about the housing market
With the big lender in trouble, the subprime mortgage industry needs the housing boom to keep going.
Not like we didn't see it coming, but here it is. Hope you are ready for the 'adjustments"
[youtube]cb2Sdye2IP4[/youtube]
Published on Jul 4, 2017
07/04/2017
Ontario housing policies could lead to an overcorrection
Samantha Brookes, CEO of Mortgages of Canada, says the Wynne government was not properly informed on how their housing measures would impact the real estate market.
Canada's is in a Huge Housing Bubble and Maxed out on Debt .Protect yourself,your family and your Country from financial ruin,simply by reducing your debt. Don't be fooled by the hype in the news.
For a long time now the bank of Canada has been warning that Canadians are in too much debt.
Quote: “You’d be an idiot to buy a house!” Kevin O’Leary
http://www.canadiancontractor.ca/cana...
-Hilliard MacBeth : WHEN THE BUBBLE BURSTS
Surviving the Canadian Real Estate Crash
Hilliard MacBeth has advised Canadian individuals and families from across Canada on their investments for over thirty-five years. His 1999 book, Investment Traps and How to Avoid Them, predicted the collapse of the dot-com bubble in the stock market and gave investors practical advice on how to avoid getting caught off guard by market cycles. Hilliard lives in Edmonton.
https://www.dundurn.com/books/When-Bu...
Juggling Dynamite | By Danielle Park
https://jugglingdynamite.com
Danielle Park is a Chartered Financial Analyst and lawyer with over 16 years of professional consulting experience. She helps manage millions of dollars as a portfolio manager and partner at the independent investment counsel firm she helped found.
Harry Dent – Are You Ready to Survive and Prosper?
Harry Dent : “The Sale of a Lifetime:
How the Great Bubble Burst of 2017-2019 Can Make You Rich”
Harry S. Dent Jr. studied economics in college in the '70s, but found it vague and inconclusive. He became so disillusioned by the state of his chosen profession that he turned his back on it. Instead, he threw himself into the burgeoning new science of finance where identifying and studying demographic, technological, consumer and many, many other trends empowered him to forecast economic changes.
-www.WorldAlternativeMedia.com
Josh Sigurdson sits down with author and economic analyst John Sneisen to talk about some serious new developments in Canada as the housing bubbles in Vancouver and Toronto among other cities begins to burst following what has been deemed Canada's "New Century" moment.
Home Capital Group has seen a stock plunge of 60%, this as the Toronto and Vancouver real estate markets inflate to all time highs. Collateralized Debt Obligations (packages of bad mortgages with a couple good mortgages in order to rate them high) are seeing more light in recent times in Canada which is very reminiscent of what we saw in the United States in 2008 right as the bubble burst.
We also recently reported on BMO bundling bad mortgages as well which is a first in Canada.
As market manipulation gets steeper and steeper, there was no doubt this was eventually going to happen. This is the inevitable end of artificial markets. This is what happens when markets listen to government and central planning rather than individual demand.
www.WorldAlternativeMedia.com
-http://www.macleans.ca :
What the Home Capital Group,Canada's Largest Mortgage Company crisis reveals about the housing market
With the big lender in trouble, the subprime mortgage industry needs the housing boom to keep going.
Not like we didn't see it coming, but here it is. Hope you are ready for the 'adjustments"
