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Bank of Canada To Deliver Another Jumbo Rate Hike Next Week

The Loonie Hour

CHAPTER

Do You Live a Housing Market?

Housing is a very liquid asset. Wegant like insane volatility. For housing to move, let's say, even 15 % in one single year, that's a massive move. You nowt wipes out a lot of bank equity. I think actually down the road, when people go to try to re finance r not enough equity, or they try to re Finance they got they have to qualify at seven%. And soi think that's really going to be where the pain isn't.

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