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/biz/ - Business & Finance


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29792732 No.29792732 [Reply] [Original]

THE HOUSING MARKET IS ABOUT TO CRASH AHHHHHHHHHHHHHHH I JUST BUYED MY FIRST CONDO TOO

>> No.29792892

>>29792732
>buying real estate now

>> No.29793987

>>29792732
good....good....
(audible hand rubbing)

>> No.29794492
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29794492

>>29792732
>fixed rate
>changed

>> No.29794552

>>29794492
THIS

>> No.29794615

>>29794492
Maybe they're flexible fixed rates?

>> No.29794712

>>29794492
They are fixed for five years. The rates change over the 25-30 year mortgage lol

>> No.29795027

>>29794492
The rate at which it is fixed has changed Mr. Jones.

>> No.29796038

>>29792732
It will literally never crash while the CAD remains solvent. The Canadian Government will begin going in on mortgages with Canadians. They will already take on 10% of mortgages up to a limit. Both the limit and the percentage will go up to support demand. CRB and EI will continue to keep (((mortgage helpers))) solvent enough to feed the real estate market.

It will crash only after Canada goes insolvent and even then we'll probably find some way to gift it to the international community to ensure that it holds proportionate value against whatever the Canadian economy has to transform into to absolve its debts.

The rates will go up though. It just won't matter because we're all in for GDP and political reasons.

>> No.29797173

Bump

>> No.29797303

Canada's future is impossibly bright as they are bringing in tens of millions of talented immigrants over the next decade to bolster and expand their economy.

>> No.29798240

>>29797303
Funny guy

>> No.29798351
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29798351

Good, maybe now I'll finally be able to afford more than a closet space in my hometown of Hongcouver