Canada’s Housing Bubble Is Stretched to the Limit

February 7, 2012  •  From
Put your ear plugs in and get ready for a massive explosion.

You have to empathize with people in Canada who want to buy a house. In boom cities like Regina, Saskatoon, Vancouver, Calgary and Toronto house prices have inflated virtually non-stop for more than a decade.

Income growth though—what income growth?

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