thewall on Nostr: I just watched a good video by The Plain Bagel about the Canadian housing market. The ...

I just watched a good video by The Plain Bagel about the Canadian housing market. The prevailing theory is that there is a crash coming. Young people who bought homes with ultra low rates are going to be in for a shock when they need to renew their mortgages at 6%. Many won’t be able to afford it. It’s a sad thing to think about for those people, but if you can wait a bit, there might be a buying opportunity incoming.