The step by step guide to saving hundreds every month
http://www.iwillteachyoutoberich.com/rent/?utm_campaign=rent-lp&utm_medium=paid-referral&utm_source=patrick.net
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Nothing to loose as renter if lease is near to complete. Owner needs you more than you need him.

CMHC Housing Market Outlook — Greater Toronto Area

http://www.cmhc-schl.gc.ca/odpub/esub/64319/64319_2011_B02.pdf?fr=1324411445468

How do we fare...

http://en.wikipedia.org/wiki/File:Public_debt_percent_gdp_world_map_%282010%29.svg

Canada's dirty subprime secret
http://www.theglobeandmail.com/report-on-business/article317737.ece

Subprime mortgage mess on the horizon: Financial Post
http://www.mortgagebrokernews.ca/forum/subprime-mortgage-mess-on-the-horizon-financial-post/43659/

Special investigation: How high-risk mortgages crept north
http://www.theglobeandmail.com/report-on-business/article727831.ece
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New mortgage borrowers signed up for an estimated $56-billion of risky 40-year mortgages, more than half of the total new mortgages approved by banks, trust companies and other lenders during that time, according to banking and insurance sources. Those sources estimated that 10 per cent of the mortgages, worth about $10-billion, were taken out with no money down

Mr. Goodyear is not alone. A Globe and Mail investigation into more than 10,000 foreclosure proceedings has uncovered a burgeoning subprime mortgage problem that many, including Prime Minister Stephen Harper, have insisted does not exist in Canada.

Toronto real estate: Detached Toronto house hits average $606,600 -- up 50.3 per cent in 7 years

http://www.thestar.com/business/article/1127194--toronto-real-estate-detached-toronto-house-hits-average-606-600-up-50-3-per-cent-in-7-years


happy new year on this thread. last message was posted on last day of last year

it seems detach house value in GTA are only going upwards. Through I must admit, thing are flaky. Lot of layoffs and other stuff going on.

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infocan

Canadian Housing Market Collapse
http://seekingalpha.com/article/342021-canadian-housing-market-collapse-part-i
http://seekingalpha.com/article/342031-canadian-housing-market-collapse-part-ii

There actually is a Canadian housing bubble and home prices need to revert back to their mean, which is what has happened in the USA, Ireland, Spain and every other market where 'irrational exuberance' was abound.

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Too much debt, low interest rates, easy money, no saving/investment, negative equity, no pension/rrsp for most, living paycheck to paycheck, higher taxes, high cost of food/flights/hotel/gas/car.

Quote:

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Originally posted by infocan
Toronto real estate: Detached Toronto house hits average $606,600 -- up 50.3 per cent in 7 years
http://www.thestar.com/business/article/1127194--toronto-real-estate-detached-toronto-house-hits-average-606-600-up-50-3-per-cent-in-7-years
happy new year on this thread. last message was posted on last day of last year
it seems detach house value in GTA are only going upwards. Through I must admit, thing are flaky. Lot of layoffs and other stuff going on.

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Copy paste made easier:
http://ca.finance.yahoo.com/news/why-it%E2%80%99s-a-good-time-to-buy-a-home.html