My impression is that everyone involved has crossed the rubicon of moral hazard. Even a 30% crash won't be enough for the majority of people: https://betterdwel

My impression is that everyone involved has crossed the rubicon of moral hazard. Even a 30% crash won't be enough for the majority of people: https://betterdwelling.com/canadian-property-bubble-nears-systemic-failure-and-not-even-a-big-crash-can-fix-it/ https://betterdwelling.com/canadian-property-bubble-nears-sy...