260% Increase in Bank Sales, Calgary is TOAST!

Global Bankruptcies are surging and it's no Different in Canada. News reports show increased real estate and business bankruptcies in most first world economies and the data shows it's only getting worse in Canada. Over investment in Calgary are leaving landlords and investors desperate to rent their units and are offering free rent and bonuses to get them filled. #bankruptcies #realestateadvice #realestatemarket #realestateinvesting #rental #globaleconomy #housingcrash #news


links/references:


https://dailyhive.com/canada/canada-real-estate-insolvencies-bankrupt-recession

https://www.cbs.nl/en-gb/news/2024/33/more-bankruptcies-in-july

https://www.economist.com/business/2024/08/08/chinas-manufacturers-are-going-broke

https://betterdwelling.com/canada-is-seeing-359-consumers-file-for-insolvency-per-day-before-recession/#google_vignette

https://greenstreetnews.com/article/steep-rise-of-german-real-estate-insolvencies-in-first-half/

https://www.costar.com/article/421272864/france-records-strongest-rise-of-real-estate-insolvencies


Did you miss our previous article...
https://trendinginrealestate.com/real-estate-trends/target-declares-emergency-you-wont-believe-what-they-just-did