Canada's Housing Bubble

[JoeNormal]

Same thing is happening in Canada's housing bubble as happened here - and they don't even have Fannie Mae or Freddie Mac. Just goes to show, greed is universal.

Housing Market Smackdown » Counterpunch: Tells the Facts, Names the Names

 

[Toro]

It's big. Debt to income and assets are now at levels that sunk the American housing market.