This time, you can’t blame the dollar or oil prices.
More Canadians sour on their Magnificent Housing Bubble.
The hunt is on for Chinese buyers.
But the Economy is Bogged Down.
The short sellers are coming: “a money-laundering-induced market.”
Targets Foreign Buyers with 15% Tax.
Commercial real estate in Calgary, the epicenter of the Canadian oil bust with 1.2 million people, is collapsing at a breath-taking rate.
The benchmark price for homes in Metro Vancouver soared 32% in June!
Having learned absolutely ZERO from Brexit.
And sales crash.