Jump to content

Here is where Harris overperformed Biden


11_MohanReddy

Recommended Posts

30 minutes ago, lollilolli2020 said:

same with canada too most of the canadian economy is tied to housing and immigration; they printed money too@CanadianMalodu how do you think they will steer off of it 

By sacrificing the dollar.  BoC did a rate cut already. If Fed doesn't cut by as much and BoC keeps cutting more, loonie will be weakend further.

What that means is those that don't own a house will bleed by paying extra for day to day living in terms as transactions of imports are tied to USD. This is just another inflation without calling it one. 

Even then there is no guarantee that housing may go into highs again. With reduced immigration, demand may weaken in rentals, those that purchased second houses on mortgages will struggle to keep up with payments by renewal. Overall except for stable markets like Ottawa, boom prices may crash partially and plateau in other areas. If coupled with higher number of constructions, as Pierre says the prices could correct even more. But the living costs are going to be a bummer for those that earn in CAD and spend in USD (as the imports are in USD) in Canada 

@papampasivaadu will have to do another job. 

Link to comment
Share on other sites

45 minutes ago, CanadianMalodu said:

By sacrificing the dollar.  BoC did a rate cut already. If Fed doesn't cut by as much and BoC keeps cutting more, loonie will be weakend further.

What that means is those that don't own a house will bleed by paying extra for day to day living in terms as transactions of imports are tied to USD. This is just another inflation without calling it one. 

Even then there is no guarantee that housing may go into highs again. With reduced immigration, demand may weaken in rentals, those that purchased second houses on mortgages will struggle to keep up with payments by renewal. Overall except for stable markets like Ottawa, boom prices may crash partially and plateau in other areas. If coupled with higher number of constructions, as Pierre says the prices could correct even more. But the living costs are going to be a bummer for those that earn in CAD and spend in USD (as the imports are in USD) in Canada 

@papampasivaadu will have to do another job. 

Already people who have purchased houses in ajax and withby are crying bro  they are Already upside down 

My friend friend purchased house for 1.2mn in ajax now worth only 950k..

If I am not wrong the value of house should be less than 600k

.

@lollilolli2020 your house in Trudeau kalisthan is safe bro

Link to comment
Share on other sites

Trudeau gadu saying land is main problem aa Rey prapancham unna land mottam nee g kinda undi land ledu ani crying 

Link to comment
Share on other sites

3 minutes ago, kevinUsa said:

Already people who have purchased houses in ajax and withby are crying bro  they are Already upside down 

My friend friend purchased house for 1.2mn in ajax now worth only 950k..

If I am not wrong the value of house should be less than 600k

.

@lollilolli2020 your house in Trudeau kalisthan is safe bro

I am still looking like sonu patel anna. 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...