Toronto Real Estate Gets Ugly! Fitch Gives A Stupid Warning. What Is Next?

Canada's biggest real estate market Toronto is getting ugly fast. Sales are absolutely crashing and prices are coming down at an alarming rate. Fitch gives a stupid warning about the Canadian real estate market that we pull apart. What is next?

You won't hear this on mainstream news outlets like City News, CTV News, CBC News, and Global News.

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Sources
https://wowa.ca/toronto-housing-market
https://betterdwelling.com/canadian-real-estate-prices-to-see-double-digit-drop-delinquencies-climb-fitch-ratings/
https://housepriceindex.ca/#chart_compare=c11

#RealEstate #HousingMarket #Canada

0:00 - It has begun
0:30 - Fitch rating report
1:22 - Real inflation-adjusted prices
1:40 - Corrupt CPI
2:00 - Purchasing power
2:30 - Indexes
2:50 - Real income plummets
3:15 - Inflation is personal
4:10 - Supply myth
4:50 - Artificial demand
5:30 - Recession
5:50 - Rent demand
6:10 - Immigration Argument
7:10 - The immigration system
8:00 - Subprime
8:45 - HPI
9:30 - Declines in Toronto
10:30 - Government CPI
11:30 - Popular areas for immigrants
12:40 - Forced to sell
13:00 - Denial phase
13:31 - The only bull case


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