Comments on: Canadian Mortgage Delinquencies Begin To Climb, A Lot More Are Brewing https://betterdwelling.com/canadian-mortgage-delinquencies-begin-to-climb-a-lot-more-are-brewing/ Canada’s Fastest Growing Real Estate News Source Mon, 29 May 2023 14:29:27 +0000 hourly 1 By: Brian Mackenzie https://betterdwelling.com/canadian-mortgage-delinquencies-begin-to-climb-a-lot-more-are-brewing/#comment-90689 Mon, 29 May 2023 14:29:27 +0000 https://betterdwelling.com/?p=23426#comment-90689 We can thank Trudeau/Freeland for the both inflation and high taxes.

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By: JY https://betterdwelling.com/canadian-mortgage-delinquencies-begin-to-climb-a-lot-more-are-brewing/#comment-90686 Mon, 29 May 2023 12:00:38 +0000 https://betterdwelling.com/?p=23426#comment-90686 This cycle will never end unless Canada offers non-market housing options, and the government commits to decommodify a portion of the housing market. Not everyone wants to be sucked into to the inefficient real estate roller-coaster. Let the gamblers bet on luxury dollhouses in the suburbs, and encourage investors with other financial interests, to invest their money into more productive assets.

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By: Gabriel https://betterdwelling.com/canadian-mortgage-delinquencies-begin-to-climb-a-lot-more-are-brewing/#comment-90675 Sun, 28 May 2023 11:32:13 +0000 https://betterdwelling.com/?p=23426#comment-90675 Is 18% for 120 days and over typical or lenders are taking a softer approach?

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By: Scott https://betterdwelling.com/canadian-mortgage-delinquencies-begin-to-climb-a-lot-more-are-brewing/#comment-90665 Sat, 27 May 2023 15:02:03 +0000 https://betterdwelling.com/?p=23426#comment-90665 Thanks again Stephen, for your insightful reporting…

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By: Quix https://betterdwelling.com/canadian-mortgage-delinquencies-begin-to-climb-a-lot-more-are-brewing/#comment-90648 Fri, 26 May 2023 15:53:36 +0000 https://betterdwelling.com/?p=23426#comment-90648 In reply to Ike.

The investors are normally the most leveraged, so it’s likely we’ll see a mass exit of investors if prices fall.

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By: Ghiath Karam https://betterdwelling.com/canadian-mortgage-delinquencies-begin-to-climb-a-lot-more-are-brewing/#comment-90647 Fri, 26 May 2023 14:21:50 +0000 https://betterdwelling.com/?p=23426#comment-90647 prices versus income with the level of interest rate with the mismanagement of lenders would lead to a normalisation in prices

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By: BZ https://betterdwelling.com/canadian-mortgage-delinquencies-begin-to-climb-a-lot-more-are-brewing/#comment-90645 Fri, 26 May 2023 12:39:54 +0000 https://betterdwelling.com/?p=23426#comment-90645 Party has just begun!

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By: J.C https://betterdwelling.com/canadian-mortgage-delinquencies-begin-to-climb-a-lot-more-are-brewing/#comment-90644 Fri, 26 May 2023 11:12:44 +0000 https://betterdwelling.com/?p=23426#comment-90644 Good job tackling the housing crisis Trudeau. Young people couldn’t afford housing so you raised interest rates and now they still can’t afford them and those who could are losing them. Excellent governance.

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By: Feddy https://betterdwelling.com/canadian-mortgage-delinquencies-begin-to-climb-a-lot-more-are-brewing/#comment-90639 Thu, 25 May 2023 23:37:44 +0000 https://betterdwelling.com/?p=23426#comment-90639 In reply to Ike.

Yes, Cristia Freeland would love this. Every action she has taken has ensured profits for Real-Estate speculators. To hell with young families trying to buy their first home.

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By: Ike https://betterdwelling.com/canadian-mortgage-delinquencies-begin-to-climb-a-lot-more-are-brewing/#comment-90635 Thu, 25 May 2023 19:35:07 +0000 https://betterdwelling.com/?p=23426#comment-90635 Let’s make these Canadians default so investors can swoop in on theirs homes on the cheap!

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