There is no shortage of job in STEM with univ degree and experience. But US has realized after 20 yrs that STEM is good for keeping world dominance but can not feed the nation and 99ers. They need manufacturing and construction industry for masses which is a lost decade in free market/global competency and currency war.

US came up with:
idea 1 - Big tax break to industry and rich people. They can create jobs. But they created jobs in developing countries and great return for investor. All the big fortune 500 companies are doing good but 60% profit coming from outside USA. Great news for investor and who have saving/investment and corp. stock options.

idea 2 - Load the people's debt card ( no saving, living paycheck to paycheck but masses) with cheap money and inflate the Real Estate and other commodity value. Anyone who goes to washroom in morning can get mortgage. Flipping RE to each other and get rich..immigration, this time is different, our city is different, LOC, luxury cars, why paying some one else mortgage, who cares debt number and rent/own ratio, no need for hard work/higher education/saving/invest. It's all get flat with negative equity and big debt. This phenomena moved no saving working middle class into poor debt slave class.

idea 3 - Print money and float the market ( QE1 and QE2, QE 3??) with cheap money. Great for banks/investor who can can make money by hedge funds, speculation with no interest to pay. Here investor needs to have money to be part of the party.. no more just paper signup and be phony investor by CMHC or Freddie/Fennie support. So people made good returns in last 2 yrs in funds, etf, energy and precious metal. Again you need saving/money for investment and debt slave class is struggling to buy basic needs. They are frustrated on rich, wall street and govt. Banks and smart investor already sucked the poor broke people who are good for nothing anymore. They will struggle all their life with debt. Let move to new idea and bubble.

Current - US govt inflation policy is hurting developing and export nations more than USA. Food price, oil, farming land, precious metal, gold, cotton, coffee and other stuff got expansive. People can survive without precious metal and gold but not with basic needs. So money is transferring from other resources ( including RE) to new investment vehicle or bubble.

Then extreme capitalism and free market ideas (Tea party movement) cashed on these frustrated people in 2010 election and now there is attack on unions, benefits and big govt investment in all the republication states like WI, NJ, FL and OH. Paul Ryan's bill is the biggest wealth transfer from broke poor class to rich by converting medicare/medicaid program into voucher program.

The past performance is not the guarantee for future performance and there is no investment which is good or bad all time time.

We have oil, stable banking, immigration, no subprime then why do we care in Canada? Let fill the blanks later.....

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Originally posted by bhootnath

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Originally posted by rahul_singh23
USA interest rates are still low, mortgage tax deduction, lower price of food/car/gas/hotel/flight/clothes/lower taxes and higher salary in STEM (Science, tech, Engineering, medical) as compare to Canada. Why do price are still moving down?

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For how long?

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"House rich Cash Poor"

A growing number of homeowners in Alberta are struggling to meet their mortgage payments as Calgary suffers a six-year real estate decline...

http://www.theglobeandmail.com/report-on-business/albertas-delinquent-homeowners-lead-the-pack/article2010293/


very soon there will a report / news from someone related to realestate putting positive spin to this story.

"Your home feels like a castle... when you pay the taxes."

"What destroys people and leaves buildings intact, that isn't a neutron bomb. It's called a mortgage."

Good ole saying in stock market: "Bulls make money, Bears make money but pigs get slaughtered".
So bottom line is if you invest blindly without much of a thought/planning you will be suffered. No matter what kind of investment it is stocks, bonds, forex, commodities or real estate.

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Originally posted by hopesrforever27
"Your home feels like a castle... when you pay the taxes."
"What destroys people and leaves buildings intact, that isn't a neutron bomb. It's called a mortgage."

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Quote:

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Originally posted by bhootnath
Good ole saying in stock market: "Bulls make money, Bears make money but pigs get slaughtered".

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Some homeowners at mortgage tipping point
http://www.moneyville.ca/article/989683--homeowners-maxed-out-on-mortgages

3 to 4 per cent of all mortgage holders, representing about 200,000 home owners, say they have absolutely no room for additional monthly increases in their payments.

Another 13 per cent of all mortgage holders representing more than 700,000 consumers said they could not afford their mortgages if they had to pay an additional $200 per month.

“That’s certainly a large number, so there is obviously concern out there,” said Dunning.
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How are they going to manage in next 20-30 yrs, if a month is too far without paycheck.

http://www.theeconomicanalyst.com/content/crea-releases-home-sales-data-new-report-highlights-speculation-toronto-condo-market
I understand that Toronto is different.....strong immigration.....lack of building space....etc. So was southern Florida until 2006....as well as a host of other cities where condo speculation ran amok.....until all of a sudden they weren't different anymore. A silent whistle was blown that only dogs and condo speculators can hear. On that day, sales began to die, and inventory began to build. The capital gains that the 'investors' had hoped for were now hopelessly gone. With them went the artificial demand that had supported the market.

Once again, if you are holding a cash flow negative condo in Toronto, consider this current market a gift.

Are there any East Indian pockets in Mississauga? I have just moved from Vancouver and I need to be centrally located as I do not drive + I also want good schools.

Experts please help !

thank you