Quote:
Originally Posted by WarrenC12
It's going to be ugly when the US stock market crashes at the same time as Canadian RE.
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That would be interesting - definitely seeing money rotate into commodities.
Logically one would start to be cautious in the 10th year of a bull market.
Still not totally convinced about RE bursting though - and don't get me wrong, I hope it does so I can buy in lower.
I think this market demonstrates that well - people are willing/able to hold.
The current market is illiquid, low listings, low sales, low activity. No one budging up, or down.
If this persists for a year or two, its a de facto correction.