Ken McElroy Show

Canada is COLLAPSING – Here’s What That Means for the Rest of the World

10 snips
Feb 14, 2025
A looming economic crisis in Canada is shaking key industries and real estate markets as soaring housing prices and fluctuating mortgage rates raise alarms. The discussion highlights the intricate trade relationship between Canada and the U.S. and how tariffs could lead to a recession. Canadian investors are increasingly looking to the U.S. for financial stability, driven by factors like currency strength and housing affordability. The complexities of navigating real estate investments across borders take center stage, revealing both risks and opportunities.
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INSIGHT

Shift to Local Economies

  • The global economy is shifting towards localization.
  • COVID-19 highlighted this by disrupting supply chains and access to goods.
INSIGHT

US Real Estate Investment Advantages

  • Marcin Drozdz appreciates the US real estate investment environment.
  • He cites tax advantages like 1031 exchanges and bonus depreciation.
INSIGHT

30-Year Mortgage Advantage

  • The US system of 30-year mortgages is a significant advantage.
  • Canada primarily offers five-year mortgage terms, impacting housing markets.
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