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Tuesday, August 25, 2015

U.S. short sellers betting on Canadian housing crash: ‘An accident waiting to happen'

http://news.nationalpost.com/news/canada/u-s-short-sellers-betting-on-canadian-housing-crash-an-accident-waiting-to-happen

Large Wall Street investors who made billions when the U.S. housing market collapsed in 2008 are now betting real estate values in Vancouver and other Canadian cities will crash, financial insiders say.''
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3 comments:

  1. PW Bailey1:48 PM

    The crash is in progress where I live. Lots of vacant rentals and the number of listings for sale are rising. Meanwhile, the oil companies are only starting to lay off contractors and staff.

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