Published 1 year ago

Canada likely sitting on the largest housing bubble of all time: Strategist - BNN Bloomberg

Summary by Ground News

The level of debt that Canadians have taken on in comparison to their incomes has put many in a precarious position should mortgage rates continue to rise. Phillip Colmar, partner at Global Strategist at MRB Partners, said Canada is probably sitting on the largest housing bubble of all time. Colmar argued that the inflated home prices are a result of two decades' worth of easy money supplied by the Bank of Canada.

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Stories disproportionately reported by the Left or the Right

Coverage Details

Total News Sources0

Leaning Left1Leaning Right0Center0Last Updated1 year agoBias Distribution

100% Left

Bias Distribution

100% of the sources lean Left

100% Left

Factuality

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

Sources are mostly out of (0)

Canada likely sitting on the largest housing bubble of all time: Strategist - BNN Bloomberg

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics

​Canada likely sitting on the largest housing bubble of all time: Strategist - BNN Bloomberg

Coverage Details

Bias Distribution

Ownership

Similar News Topics

Similar News Topics

Canada likely sitting on the largest housing bubble of all time: Strategist - BNN Bloomberg