Quote:
Originally Posted by _Q_
You may be able to handle a rate increase to 6% or higher, but do you think most canadian households are in the same boat? And when that shoe drops, will you be ok with your property value dropping along with it?
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That's the point, they should be. And my property value has gone up and down over the years, I don't care. Lower value would help people get into homes. Baffling that you think low interest rates are a given, and it's some no-go zone to raise them to a more typical range.