Canada’s Coming Real Estate Collapse!

2 Comments

I agree with Nicole’s analysis. If you want to know how bad the bubble really is, Visit this website. Can you tell the difference between a crack-house and a million dollar Vancouver house?

http://www.crackshackormansion.com/

Comment by DrJekyll | January 1, 2011
Banks share blame for irresponsible homebuyers with our Canadian real estate bubble, but I doubt they will take their share of losses when the time comes. All the losses the bank may simply be put on the board of the taxpayer, and banks are allowed to walk free from. The same can not be said for the idiot buyers who bought in recent years, little or nothing down. They are crushed economically when the subprime crisis coming.

Comment by omaha houses for sale | January 1, 2011

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