Comments on: Canada’s Real Estate Bubble Is Way Worse Than The US, Here’s The Chart https://betterdwelling.com/canadas-real-estate-bubble-is-way-worse-than-the-us-heres-the-chart/ Canada’s Fastest Growing Real Estate News Source Thu, 19 Apr 2018 16:28:07 +0000 hourly 1 By: Owemanco https://betterdwelling.com/canadas-real-estate-bubble-is-way-worse-than-the-us-heres-the-chart/#comment-14769 Thu, 19 Apr 2018 16:28:07 +0000 https://betterdwelling.com/?p=4215#comment-14769 I think, it is very safe to say that people who are looking to buy a house/property in this housing climate should undergo a stress test. Most people look at the low interest rates they’ll incur when taking a loan from the bank. However, as pointed out in the article, because we have stagnating income, alot of people will find it hard to service their loans when there is a hike in the interest rate down the line.

]]>
By: Americans Buying Canadian Real Estate? There’s A Tax For That | Better Dwelling https://betterdwelling.com/canadas-real-estate-bubble-is-way-worse-than-the-us-heres-the-chart/#comment-1378 Fri, 11 Nov 2016 13:25:09 +0000 https://betterdwelling.com/?p=4215#comment-1378 […] of the most shocking things Americans find is that Canadian real estate is really pricey. Especially when contrasted with US real estate.  The average benchmark home in the Canada is CA$474,000 (US$352,076), while the average home in […]

]]>
By: Alice https://betterdwelling.com/canadas-real-estate-bubble-is-way-worse-than-the-us-heres-the-chart/#comment-1084 Mon, 10 Oct 2016 01:20:47 +0000 https://betterdwelling.com/?p=4215#comment-1084 The worst part is Canadians are just going to say something dumb like the value of their land is way more important to them. “It’s like Manhattan”! …while 99% of the country is unoccupied.

]]>
By: Financial Canadian https://betterdwelling.com/canadas-real-estate-bubble-is-way-worse-than-the-us-heres-the-chart/#comment-884 Wed, 07 Sep 2016 00:28:25 +0000 https://betterdwelling.com/?p=4215#comment-884 There’s obviously a bubble – but the better question is what will it take for the bubble to burst?

As a young man, I struggle with the decision to potentially wait for the burst before purchasing my first home. For now, I’m happily investing in high quality dividend paying stocks and it’s been working out (knock on wood).

]]>
By: Defaulting On Homes In Alberta May Be Smarter Than You Think | Better Dwelling https://betterdwelling.com/canadas-real-estate-bubble-is-way-worse-than-the-us-heres-the-chart/#comment-851 Wed, 31 Aug 2016 18:49:15 +0000 https://betterdwelling.com/?p=4215#comment-851 […] majority of Canadians aren’t looking for bad mortgages, but now that Canada’s real estate bubble is larger than the US one, a good portion are going to find them. It’s an unfortunate circumstance, but not one […]

]]>