The Canadian Real Estate Resale Market Might Be Slower
The Real Estate Market Is Strong
“The resale market might be a little bit lower, but the overall housing market is strong,” Bolger said.
They’re using standard deviations to determine insolvency on mortgages; When LTV’s are high there are more defaults.
They can’t buy homes when they are in default.
It’s my job that there is liquidity.
I don’t want to see insolvencies, I want to see them make $16M.
For that to happen the sale market has to be really high.
That means the Federal Reserve printing more money.
Outgoing Federal Reserve Chair Janet Yellen says they are high.
Birds of a Feather Bring Me Renturly