Imp
Lifer
- Feb 8, 2000
- 18,829
- 184
- 106
.............I should stop reading comments about Canada's housing market.
People citing Japan's 2-3 lost decades as why rates can stay low for decades, therefore house prices in Canada won't ever go down. They don't appear to know that Japan's stock market crashed and never recovered -- I can't find a chart for their house prices but what I've heard is that it, also, never recovered.
People citing Japan's 2-3 lost decades as why rates can stay low for decades, therefore house prices in Canada won't ever go down. They don't appear to know that Japan's stock market crashed and never recovered -- I can't find a chart for their house prices but what I've heard is that it, also, never recovered.