bold statement
Summer Real Estate Sizzles in Canada
Ozzie makes the bold statement that Canadian housing is decoupled from the US debacle. Well, is it decoupled or delayed Ozzie? What was the old saying, the elephant sneezes and we catch cold? Can't see how housing can survive a recession, and if there is a bad recession down south, the timing is ripe now to lead some pigs to the slaughter.
You know, “Bulls make money, bears make money, pigs get slaughtered.” Wouldn't want unaware Canadians to keep buying right into a recession and market reversal. I mean, who benefits from that?
Feel free to leave comments reminding me of my long-standing bearish views not coming true. Got to be wrong about being right until I'm right...
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