Canada Toronto Real Estate Housing Market Crash 40% 2020

Sorry for the crappy production value.

Not financial advice.

China credit bubble - marginal credit issued by Chinese banks, Chinese money saturating Canadian real estate markets

Foreign criminal, illegal money being snow washed through Canadian real estate market

Household debt to GDP ratio

Mortgage credit card and consumer debt - Canada's cheap debt addiction

BOC benchmark rate hikes

New mortgage restrictions - able to borrow up to 20% less than previous years

Loans becoming delinquent

Panic selling - people who bought near the top selling out of panic that their asset is tanking, boomers selling who are near their retirement and counting on the value of their house as retirement savings, etc
Are all just some of the factors that could precipitate a collapse. Once an asset starts tanking, most people are afraid to buy in from fear of it tanking further.

Видео Canada Toronto Real Estate Housing Market Crash 40% 2020 канала Canadian Renaissance