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Viewpoints: Canadian Housing Market

I really enjoy Canada. A beautiful country with great cities and fantastic food. Leave it to our neighbors to the north to show us how it is done for a real housing mania. For the first time in history we have experienced coordinated global housing bubbles courtesy of central banks following very similar policies.

via The CA bubble that isn’t from California: Canadians come face to face with the paradox of golden real estate handcuffs and a younger less affluent generation. » Dr. Housing Bubble Blog.

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