Think US home prices are high? At least we aren’t Canada
Housing Wire
MAY 9, 2022
I’ve tried to stress that we need to worry about home prices getting overheated in 2020-2024, but not because of some massive credit boom like we saw from 2002 to 2005. from 2002-to 2005, which led to forced credit selling. A stock can fall 40% in one day, whereas a home doesn’t have that kind of velocity.
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