The Next Big Trade - Steve Saretsky Says Canada’s Red-Hot Housing Market Will Cool
Real Vision: Finance & Investing
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What's Happening in the Housing Market?
In the previous 12 months, we've seen asset prices got by a massive amount. So we shouldn't be so surprised that governmentas decided that its focus should be on the bottom 20 % of the income distribution. People don't talk about it enough. There's always political angle to everything. I had friends who've been doing tours of washington recently, am and er, they reported back to me that there was absolutely no sense of con ern about asset prices. You know, even for a two bedroom condo, for example, youre going to need at least eight 900 thousand dollars,. And so what we're seeing here is this, no people sabil where's the money coming
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