While everyone is being blinded by cryptocurrency. something is happening now in housing market. according to UBS Global Real Estate Bubble Index canada has been said as most risky country for current housing bubble cycle. and now it started to fall from Sep. it's first quarterly decline after the subprime crisis. their price level is at skyhigh and their debt level have soared up unlike US. it's more than the GDP now. seems their construction share to GDP isn't sustainable level. even more their central bank rate is still 0.5% lower than US which might lead to currency weakening. i've gathered some facts. so any thoughts on it?
Submitted January 11, 2018 at 09:00AM by 99rrr http://ift.tt/2DkJELI
