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Canadian Housing Bubble Collapse: Scotiabank predicts a 10% drop in price across Canada

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Published on Aug 9, 2012

In this video I detail how the paradigm of 'prices will only go up' has officially ended, with now even criminal banking syndicate Scotiabank releasing a report that they expect housing prices across Canada to decrease by at least 10%

In this report I also detail how we should act wisely and always by default disregard the 'expectations' of economists, as they have proven time and time again to be consistently 100% wrong in their predictions (not too long ago these same economists were saying that they didn't expect any decrease in price, all the while those of us speaking the truth said it was inevitable and imminent). To prove the point, I reference a a Reuters article which spoke about 'a sharper than expected' fall in housing starts.

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