
Bank of Canada Calls For Very Soft Landing
The Loonie Hour
00:00
The Economic Drag of a Housing Bubble
The housing market has firmed up on a price perspective, but prices aren't prices that haven't really gone up. So I think you kind of have this bit of a standoff where yeah, ultimately, we'll probably see supply shortages. We'll see this filter through into the real market two, three, four years from now. But is it going to be enough to like over supply the market? I'm a little bit skeptical on that. I think I think you're going to need to see a recession and then how deep is that recession and how many jobs get lost basically?
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