What you’ve said is spot on. Where you need to be putting your money is in Bitcoin though, not other fiat currencies that will suffer the same fate.

Lol. Fundamentals went out the door a long time ago. Real wages are not keeping up with this market. As for gobbling up rental properties at fire sale prices, good luck with that. Policy will likely be introduced to allow private equity funds to purchase housing as a means to stabilize what would be a free falling market. You can’t compete with these funds. Just look down south and see what BlackRock is doing; they’re buying up entire neighborhoods.

The idea of the housing market being too big to fail is inherently non-sensical. As in the Ottoman Empire?
The key word in your post is “willingly”, the BofC is now between a rock and hard place. Willingly has nothing to do with it. Canada may be mostly rock, but it isn’t an island.
And as has been pointed out by Better Dwelling in innumerable ways, we
are more than likely the most over-leveraged fundamentals-flaunter amongst western economies.
An old Red Rose tea commercial may well have put it best:
“Only in Canada you say? Pity”.

Pretty much guaranteed, though it won’t happen overnight. Took a few years the last couple of housing bubbles. But them everything nowadays is so accelerated, so who knows.

correct!!

You got it right!!!