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Originally Posted by JDMDreams
^^ I doubt it, I think we would be in serious trouble if prices drop that much + government will step in with more rate cuts by then.
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Rate cuts won’t kickstart the market. I believe it was BMO who said they’ll have little effect because debt loads are too high, job losses are coming from tariffs, and the global economy’s slowing. Anyone who bought at the peak or bought a few pre-sales to flip is fked because we’re likely heading into a prolonged recession.