Tuesday, October 04, 2011

About The Canadian Housing Bubble

A Canadian reader sent me this interesting analysis of the Canadian housing bubble. It hasn't bursted yet, and won't as long as commodity prices stays high, but if the recent drop in commodity prices continues, it will burst.

3 Comments:

Blogger Ralph Musgrave said...

Mish did a post on this last December. See:

http://globaleconomicanalysis.blogspot.com/2010/12/canadian-borrowing-gone-mad-look-at.html

9:02 AM  
Blogger stefankarlsson said...

This comment has been removed by the author.

9:55 AM  
Blogger stefankarlsson said...

Ralph, your link was interesting, though it was far from identical to mine.

10:11 AM  

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