Interest rates are NORMAL now. They should stay where they are or higher for a long time. This is what NORMAL looks like. Free money is NOT NORMAL. Unlimited debt is NOT NORMAL.
Well i don’t think it would happen . In fact once they lower the interest rates I feel like we would see a bloodbath. Prices will be back up and another bidding war. Vicious cycle that I don’t quite understand .
Same here, i will praise Mrs Naomi Wang over and over again because she has great skills, i started with $2000 and after 2week i received a returns of $6,000 then i continue with her ever since she has been delivering.
home price creeps up again once they pause hiking. That's a solid proof that Canadian are rich enough to handle much higher rate probably due to the wage growth in recent years.
Biggest problem are the investors that are artificially increasing the prices of homes that they will never live in. Genuine home buyers who will live in their new home for years are suffering due to the greed of investors. There should be high interest rate or property taxes for people who own multiple properties.
What is everyone crying about? Rates are still almost HALF of historical norms. Probably should've done the math before taking on that million dollar mortgage. In debt much?
1)Tenants lose 2)Landlords do nothing and lose 3)Landlords transition to STR/MTR and win. Also revert back to 1) What a mess, but sure are interesting times.
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Interest rates are NORMAL now. They should stay where they are or higher for a long time. This is what NORMAL looks like. Free money is NOT NORMAL. Unlimited debt is NOT NORMAL.
Interest rates will continue to rise until inflation gets back to normal levels. Expect the BoC rate to be 6-7% by this time next year...or higher.
Pump it up!
Exactly!!!
Regardless of high interest rates are houses will still be unaffordable unless they come down pre/2017 level.
Well i don’t think it would happen . In fact once they lower the interest rates I feel like we would see a bloodbath. Prices will be back up and another bidding war. Vicious cycle that I don’t quite understand .
What are your thoughts on the recent Paul Beaudry’s recent speech in Victoria about the long term pity for higher for longer rates?
*"The best time to plant a tree was 20 years ago and the next best time is now"*
Same here, i will praise Mrs Naomi Wang over and over again because she has great skills, i started with $2000 and after 2week i received a returns of $6,000 then i continue with her ever since she has been delivering.
I heard a lot of investing with Mrs Naomi Wang and how good she is, please how safe are the profit?
Unless your going to end up paying for that tree long Into your retirement
Good job! Do you get interviewed often?
Thanks! Normally once or twice a month depending on the market news.
Are we in a bull or bear market IYO?
home price creeps up again once they pause hiking. That's a solid proof that Canadian are rich enough to handle much higher rate probably due to the wage growth in recent years.
Pump it up!
@@theflowpowa42oshow ya!!! More profits for banks!! Yay!!!!
Biggest problem are the investors that are artificially increasing the prices of homes that they will never live in. Genuine home buyers who will live in their new home for years are suffering due to the greed of investors. There should be high interest rate or property taxes for people who own multiple properties.
Than they give Ukraine 500 Million yesterday. LOL
smh, they need to take care of their own backyard first
What is everyone crying about? Rates are still almost HALF of historical norms. Probably should've done the math before taking on that million dollar mortgage.
In debt much?
OK boomer
Imagine shilling for banks and thinking you're smart. 😂😂
1)Tenants lose
2)Landlords do nothing and lose
3)Landlords transition to STR/MTR and win. Also revert back to 1)
What a mess, but sure are interesting times.
Pump it up just BLAZEEEE
fag
How did that CERB work out for ya? Hahaha back to work wagie!
I lived in Calgary in the 80' s when interest rates went to 21%. You probably were not even born, so this is a joke when people are complaining 🤔
We NeEd AfFoRdAbLe HoUSiNg!!
-Millennial M0R0NS