Wednesday, October 12, 2011

Canadian Housing Bubble?

This article talks about the recent increase in the Canadian housing market. It presents possible justification for the current trend, and also discusses the possible dangers if the market continues in its current manner. The article asks whether enough caution is being taken, and describes how builders are not slowing down. With the current market uncertainty, shouldn't our neighbors to the north be more careful before starting new projects?

1 comment:

  1. The Canadian government will make sure that what happened in 2008 here doesn't happen in Canada. They will first need to work with developers to plan a housing strategy that will work best for everyone.