RealTruthChannel's Canadian Housing Bubble

[freshwes2001]

real truth we need another analysis video from you on the canadian/toronto real estate market. Your insight is appreciated

[woperholic]

This guy is right on the money. The further we inflate this market, the bloodier the scene wil be when it comes crashing down.

Canadians are now officially more idiotic with their money than Americans.

[quadcatfly]

so where is the crash??? in vancouver, still waiting. ave house here = 800K !!!!

[axecrap]

@quadcatfly Vancouver is ground 0, speculation was again rampant with Asians taking over the market, classic speculation with no fundamentals, a true bubble scenario, especially when sales and average prices have been dropping everywhere else, here in Victoria, and all across BC. Reports say the sales dried up in Richmond this month as well. Wait and see, expect interest rate hike end of May and more coming this summer. There aint nothing good gonna happen...

[MegaAvalonn]

BTW, I will never forgive the baby boomer generation for this housing bubble, it has mentally screwed me over and many of my friends till the point I don't know if we can recover.

[MegaAvalonn]

In Halifax this fiscal year: Real Estate sales down by 27%, yet the average price of a home increased by $7000. This makes no sense, this is a bubble. In my area, at least 1/3 of the homes are for sale, nobody can afford to buy. What's holding the bubble from crashing are greedy baby boomers who still feel entitled to sell their junk for 300k. People always complain how 20 somethings don't move out of their parents home, yet people overlook the GREED of their parents is what has caused it.

[EasyEs]

@MegaAvalonn Very insightfull. The only area of Halifax I would ever buy a home in is Bedford or Fall River..Location Location Location..Those prices will still drop.. If Calgary can drop then Halifax can..

[quadcatfly]

sell real estate, buy silver!

[zeusvalentine]

hearing this much truth in a video is refreshing

[cwruhsk5]

I agree with you for the most part except that I don't think commodity (gold, silver, oil, etc.) prices would fall. I guess only time will tell.

[jvolstad]

Realtors are worse then used car salesmen.

[flagship21]

This was a phony real estate market. The corrections should have happened in 2000

[flagship21]

50 percent crash coming to a threatre near you

[cozubas]

I agree with you 100% ,finally somebody who talks about canadian housing market!

Good job!

[RealTruthChannel]

thank you for your comments, I will post more soon, there are some big developments in the Canadian markets that many just seem to ignore. It is going to get ugly...

[marcel9191]

Right on the money. I got out of the market and waiting to watch those banks suffer. I love it. I've already positioned myself out of this bubble and waiting. Folks, it won't be long. We are more connected the US economy than you think.

[kalitexnis10]

@marcel9191 Agree with you 100%. Get ready for a crash brother....

[teebrron]

ur the man RTC, the cost of homes is way too high in toronto, hope it goes dwn at least 25% so i could finally maybe afford my 1st home.

[Brucejosephlive]

The truth often falls on deaf ears. People tend to want to hear what backs up their current belief structure. Hence why the few profit (and are selling high and bulking on commodities) and the majority are praying (not much of a strategy). You have a great message. I'm curious to hear your thoughts on the currency bubble that's my main concern. I feel that will pop and overshadow the bubble in real estate and effectively require a restructuring of our financial sectors. Cheers.

[flyboynextdoor]

you're right on the money my friend, pun intended.

[96Mauser]

I like your style and your message dude.

[freeduke98]

Very well said. Thanks.