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How to make money $ from Canada's housing crash


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2017 Oct 6, 10:17am   2,724 views  4 comments

by KgK one   ➕follow (0)   💰tip   ignore  

Make $$ from canada s housing crash



http://thecrux.com/this-bubble-looks-ready-to-burst-heres-how-to-profit-when-it-does/
https://www.caseyresearch.com/canadas-entire-housing-market-verge-collapse/
1 ) should we short Canada housing?
2) Any suggestion on how to make $ on Canada housing crash. Article suggests shorting some bank stocks. Is that good idea?
3) any other way to short for better result

Comments 1 - 4 of 4        Search these comments

1   bob2356   2017 Oct 6, 11:13am  

Looks ready to? On the verge? Nothing like a sure thing to make some big bucks.

Make money the same way as every crash. Wait until there is blood on the street and jump in with both feet.
2   Heraclitusstudent   2017 Oct 6, 12:12pm  

KgK one says
There are now 65% more homes listed for sale in Toronto than there were a year ago.

This indeed is not a good sign. This was happening in the UI from 2005. The collapse was in 2008.

Also I don't think canadians can walk away from their houses. Many people are betting on this to keep things more stable. They shouldn't, because that means many people will rush to sell, and/or they will default if they can't pay (thereby hitting banks and the economy), and/or they will stay on the hook forever, unable to move and unable to spend (thereby hitting the economy and banks), which in turns affect the capacity of people to pay.
In the best case they are moving out of the period of apparent wealth created by many people going into debt, and by itself can throw banks of course.
3   KgK one   2017 Oct 6, 1:04pm  

So far looking good, might be canadian banks to short
4   missing   2017 Oct 6, 1:21pm  

Canadian banks are fine and will be fine. They are protected.

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