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The government, ICE, is deporting the illegals.
Are there enough immigrants buying Canada's expensive housing (without overcrowding them and without government assistance) ?
"Not enough and not fast enough. Still, some markets will be effected."
MolotovCocktail says
"Not enough and not fast enough. Still, some markets will be effected."
In 2025 ICE kicked out close to 2.5 million illegals... My take is that that is fast enough...
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https://finance.yahoo.com/news/pimco-kiesel-called-housing-top-160339396.html?source=patrick.net
Bond manager Mark Kiesel sold his California home in 2006, when he presciently predicted the housing bubble would pop. He bought again in 2012, after U.S. prices fell more than 30% and found a floor.
Now, after a record surge in prices, Kiesel says the time to sell is once again at hand.