Canada's ~H U G E~ Housing Bubble & Household DEBT
Are we in a housing bubble? Well - for every $1.00 dollar earned in an average Canadian Household as of Q3 2017 - $1.71 is owed out the door on debt.
This is a new Global record. REPEAT - highest household debt level in the world!
now - who wants to 'invest' in real estate?
pay down your debts folks - it's deadly serious now.
Now for Low Income Families the debt levels are UNREAL . A market without open and fair price discovery - by Global Central Bank's injecting huge QE funds into undeserving stocks & bonds - breaking markets natural boom, bust & echo laws - this is what happens. Those who will be hurt the most will be.