The Housing Market Collapse Is Happening

It is not secret, the housing market in Canada and the United States is driving towards a cliff with no end in sight. Prices that no one can afford, and wages that are stagnant. Something needs to give, housing will not collapse in prices in my opinion, Condo's will because no one wants to live in them. With higher Power of Sales, higher interest rates, and a higher unemployment rate, this will happen sooner then you think.

Follow people like The Angry Mortgage Podcast on YouTube, as Ron Butler from Butler Mortgages is one of the best experts in Canada on these topics, and everything I know is from him!

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Discussion Questions:

What do you think? Will the Canadian home market crash or have we gone through the worst, with pricing stabilizing?

Are you planning on buying a home? What struggles are you facing right now?

Affordability Insanity - 0:00
Who can afford these? - 0:53
Economic Uncertainties - 3:37
Homes are no longer an investment - 5:13
Power of Sales in Ontario - 6:30
So what do we do? - 7:54
Discussion - 9:22