Comments on: Canadian Real Estate Is A “Speculative Fever,” Prices To Drop: Bank Regulator https://betterdwelling.com/canadian-real-estate-is-a-speculative-fever-prices-to-drop-bank-regulator/ Canada’s Fastest Growing Real Estate News Source Sun, 06 Feb 2022 22:22:22 +0000 hourly 1 By: Sunyear Watson Wu https://betterdwelling.com/canadian-real-estate-is-a-speculative-fever-prices-to-drop-bank-regulator/#comment-80052 Sun, 06 Feb 2022 22:22:22 +0000 https://betterdwelling.com/?p=19574#comment-80052 The fundamental factor here is in the mid to long term, where the interest will land. Interest is the top determining factor for house price. Given most governments, businesses, and individuals have taken so much debt, there is not much interest for the key stakeholders to push interest any closer to 10%… even 3% or 5% can make many people cry or suffer… as long as interest rate maintains at a low level, house price cannot drop much. The current house market bubble is like cancer, eventually, it hurts our society, but there is no fast remedy.

]]> By: Mortgage Guy https://betterdwelling.com/canadian-real-estate-is-a-speculative-fever-prices-to-drop-bank-regulator/#comment-80047 Sun, 06 Feb 2022 17:16:38 +0000 https://betterdwelling.com/?p=19574#comment-80047 In reply to AtroubledCanadian.

That’s the journalism friendly way of saying that without calling someone they need to talk to regularly an outright liar.

]]> By: AtroubledCanadian https://betterdwelling.com/canadian-real-estate-is-a-speculative-fever-prices-to-drop-bank-regulator/#comment-80045 Sun, 06 Feb 2022 17:11:24 +0000 https://betterdwelling.com/?p=19574#comment-80045 “alternative facts” is a creative synonym for “bullshit”

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