3 ms·

"For example, hard to imagine the Canadian real estate sector isn't going to melt down..." - Oh, how many times did I hear that, but it's wishful thinking. At b

"For example, hard to imagine the Canadian real estate sector isn't going to melt down..." - Oh, how many times did I hear that, but it's wishful thinking. At best it's 20% down

achenatx 4y ago
bear in mind that 20% down is often times losing 100% of your capital due to leverage.
- smnrchrds 4y ago
  20% down means the prices go back to approximately last year's. The only people who lose money would be those who bought in the past year.