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Originally Posted by gladaki
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Nope, haven't read it. This guys is suggesting that canadians are over extended. No surprise there.
As Buffett said; "only when the tide goes out do you discover who's been swimming naked"
You could've been a pretty bad RE investor in Canada last 10 years and you'd still come out ahead. An up market has been hiding a lot of poor decisions. It's been a good run, but all good things do come to an end.