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The Wealth Effect Created One Third Of Inflation
The Loonie Hour
I Think It's More So Believe It or Not.
I think it's more so believe it or not. It's just, it's been the only way that people can accumulate some kind of inflation protected wealth. You're a situation where these rates of rates are much, much higher. People have the loan to values in some cases are very, very high for these new buyers. I think what we should expect going forward is legislation that will be aimed at protecting home buyers from themselves.
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