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VREP #327 | Is Canadian Real Estate in a Mortgage Crisis? With Dustan Woodhouse

Vancouver Real Estate Podcast

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Is There a Bank of Canida?

Three out of four people are in a fixed rate mortgage. The composition of the payment is changing, more interest and less principle. A hundred thousand dollar household income allowed these people to purchase a home with a 500 million dollar mortgage. So why would any of them be forced to sell? It makes no sense.

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