Canada likely sitting on the largest housing bubble of all time, per Phillip Colmar
Read more: t.co/AFsqM8RLbe
— unusual_whales (@unusual_whales) October 27, 2023
๐๐ก๐ ๐๐๐๐๐๐๐ ๐๐จ๐ฎ๐ฌ๐ข๐ง๐ ๐๐ฎ๐๐๐ฅ๐ ๐๐๐๐ Pt 6
This home is currently renting out for $6000 per month in Toronto.
Needless to say, the housing bubble in Canada is out of control.
What do you think? ๐๐ป pic.twitter.com/qfPl01f1WB
— JToyts (@JToyts) October 24, 2023
Additionally, there's growing concern about the looming burst of a long-overdue #housing bubble in Canada. High household debt, home price-to-rent ratios, and the interaction between these factors and a potential housing market correction add complexity to the economic landscape. pic.twitter.com/OA3vbQ0uSV
— Institute for Community Prosperity (@CPMRU) October 26, 2023
Thereโs a place in Canada called โCredit Valleyโ? Very apt for when housing bubble gets obliterated #ausbiz #Canada t.co/oeCGxxlu63
— Sam ๐ฆ๐บ๐บ๐ฆ (@samstrades) October 22, 2023