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Eh, that was exactly the intention when raising interest rates. Discourage spending with credit and encourage to save money. With assets such as houses, such thing will cause that scarcity on housing inventory.
The government left the rate to low for to long , the end
real-estate is also a hedge against inflation. at 10% inflation you are making money with a 7% loan .
you are the first one to explain it properly.
LoL well who needs a mortgage when you have on your wrist an AP thats an insanely expensive
Record high immigration in Canada and USA
It makes perfect sense
True that!
Very true I have a 4% fix rate 👍🏼
New highs for stock market? Still seems down overall below it’s high
Everybody did fixed rate for 3-5 years so, the real fun wl started next year 2024 onwards when renewal comes
My gf and I are still waiting to buy a house 😮💨 so we invest in dividend stocks like yourself in the meantime on our channel.
Great content as usual Andrei!