Originally posted by shtferbrains
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Market Bubbles: How Many Boats are We On?
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Originally posted by errolanderson View PostAn interesting ‘Did You Know’ . . .
In the Dotcom crash of 2000, the NASDAQ lost 74 percent of-its-value over the course of three (3) years. It took the NASDAQ 14 years to recover these losses.
took me 6 years after 08
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Canada’s housing bubble now appears breaking big time . . . .
Home prices now reported down 6 percent over the past month. And flood of real estate is about to hit the market. Housing shortage, what shortage? A 15 to 25 percent badly needed correction into 2023? Just the beginning.
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Originally posted by errolanderson View PostCanada’s housing bubble now appears breaking big time . . . .
Home prices now reported down 6 percent over the past month. And flood of real estate is about to hit the market. Housing shortage, what shortage? A 15 to 25 percent badly needed correction into 2023? Just the beginning.
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Originally posted by furrowtickler View PostIt’s about time , a lot of very fake wealth out there
Many farms can go to the bank and refinance on this “fake wealth†and patch their sinking boat or live beyond their means. I’m sure we will see a correction, just not sure when.
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Originally posted by errolanderson View PostCanada’s housing bubble now appears breaking big time . . . .
Home prices now reported down 6 percent over the past month. And flood of real estate is about to hit the market. Housing shortage, what shortage? A 15 to 25 percent badly needed correction into 2023? Just the beginning.
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Originally posted by jdg364 View PostHow much different is farmland compared to housing right now? Saskatchewan dry land should not be selling for $3000-5000/ac but it’s trading at these values.
Many farms can go to the bank and refinance on this “fake wealth†and patch their sinking boat or live beyond their means. I’m sure we will see a correction, just not sure when.
Interest rates will be the thing to watch for land
Inflation on every day necessities like food and fuel will help be the domino effect in housing IMO
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Originally posted by Rareearth View PostNews this morning ctv saskatchewan, needs over 100,000 more homes over the next 8 years
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Originally posted by furrowtickler View PostVery true , I agree . But housing will collapse long before land will dip .
Interest rates will be the thing to watch for land
Inflation on every day necessities like food and fuel will help be the domino effect in housing IMO
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