Comments on: Canadian Real Estate Market Expects A Rate Cut Next Year, Making It Unlikely: BMO https://betterdwelling.com/canadian-real-estate-market-expects-a-rate-cut-next-year-making-it-unlikely-bmo/ Canada’s Fastest Growing Real Estate News Source Mon, 19 Dec 2022 16:43:46 +0000 hourly 1 By: Mark Bayly https://betterdwelling.com/canadian-real-estate-market-expects-a-rate-cut-next-year-making-it-unlikely-bmo/#comment-87720 Mon, 19 Dec 2022 16:43:46 +0000 https://betterdwelling.com/?p=22476#comment-87720 Massive inflation is already present Interest rates should have never been below 5 per cent. Can’t print and borrow money forever without the money becoming worthless This is the real problem.

]]> By: Ahmad B https://betterdwelling.com/canadian-real-estate-market-expects-a-rate-cut-next-year-making-it-unlikely-bmo/#comment-87646 Wed, 14 Dec 2022 14:05:01 +0000 https://betterdwelling.com/?p=22476#comment-87646 We have outsourced manufacturing, oil & gas and mining dies almost a decade ago, service industry has been getting beaten down recently, real estate has been providing much needed boost within Canadian economy including foreign investments and with these rate hikes that is taking a toll. What does the economy have to offer next? What worked in the 1980s to handle inflation is definitely now not working now but we keep increasing interest rates.

]]> By: Mark https://betterdwelling.com/canadian-real-estate-market-expects-a-rate-cut-next-year-making-it-unlikely-bmo/#comment-87612 Mon, 12 Dec 2022 21:08:31 +0000 https://betterdwelling.com/?p=22476#comment-87612 In reply to Kate.

Recessions come with job loss. Our GDP is tanking. Debt to income at an all-time high. How will you stimulate an economy without rate cuts.

]]> By: questions guy https://betterdwelling.com/canadian-real-estate-market-expects-a-rate-cut-next-year-making-it-unlikely-bmo/#comment-87610 Mon, 12 Dec 2022 20:07:22 +0000 https://betterdwelling.com/?p=22476#comment-87610 In reply to Bruno.

1000s of job cuts is the point

]]> By: Kate https://betterdwelling.com/canadian-real-estate-market-expects-a-rate-cut-next-year-making-it-unlikely-bmo/#comment-87609 Mon, 12 Dec 2022 18:43:07 +0000 https://betterdwelling.com/?p=22476#comment-87609 In reply to Bruno.

Totally disagree with you because we have unusually strong job market and it must be cleaned with the proper interest rate.

]]> By: Derek Price https://betterdwelling.com/canadian-real-estate-market-expects-a-rate-cut-next-year-making-it-unlikely-bmo/#comment-87608 Mon, 12 Dec 2022 18:41:23 +0000 https://betterdwelling.com/?p=22476#comment-87608 In reply to Bruno.

They were only real estate agents for like a week. I think we can do without them. m

]]> By: Kathleen T https://betterdwelling.com/canadian-real-estate-market-expects-a-rate-cut-next-year-making-it-unlikely-bmo/#comment-87607 Mon, 12 Dec 2022 18:40:31 +0000 https://betterdwelling.com/?p=22476#comment-87607 That’s where the inflation gaming model they built that amplifies downward pressure by adjusting the basket to higher use comes in. Brilliant scam Statistics Canada and Census use.

]]> By: Bruno https://betterdwelling.com/canadian-real-estate-market-expects-a-rate-cut-next-year-making-it-unlikely-bmo/#comment-87606 Mon, 12 Dec 2022 18:39:15 +0000 https://betterdwelling.com/?p=22476#comment-87606 We need a rate cut or thousands of jobs will be lost almost within the first half of next year.

]]> By: Trader Jim https://betterdwelling.com/canadian-real-estate-market-expects-a-rate-cut-next-year-making-it-unlikely-bmo/#comment-87605 Mon, 12 Dec 2022 18:38:28 +0000 https://betterdwelling.com/?p=22476#comment-87605 Forward expectations of rate cuts have also weakened CAD by 10% or so, meaning higher commodity inputs than needed.

Tiff is the bluntest tool in the shed though, so I wouldn’t bet against him not doing his job and doing whatever he thinks will make the government happiest.

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