Quote:
Originally Posted by Carl Johnson
Which is why I strongly believe CMHC needs major reforms from the way it has been run. The best option would be privatization so taxpayers are not at risk to bail out any financial insinuations if RE does take a stumble in the next few years.
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That would never happen, Canadians are too passive and uniformed about their economy.
Canadian in general are clueless, it can't be helped. Protecting your family but paying off a mortgage early of selling and wait for a major correction and buy back when its stabilized.
Can say that I will be buying real estate when it corrects to 2/3rds of what it is today.