CRASHONOMICS Discussion
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“They are now competing with global capital. They are in entry-level positions
...government support for home ownership...likely to be counterproductive
Currently it is not possible to fully understand the role of foreign homebuyers
"Rents have doubled, is that okay?"
millennials will be able to get a place of their own," said Hudak
I lived through the 1979, 1980/81 situation and this is very reminiscent of that
It probably would be a little worse than the early '90s
The Canadian bubble is actually worse than the U.S.'s was
stricter "stress test" ... will likely have the greatest impact
Canadians have told us they are concerned about growing household debt
No link between that and ... Home Capital Group Inc.
"There's no time at which you say we will stop being vigilant,"
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