About The Canadian Housing Bubble
A Canadian reader sent me this interesting analysis of the Canadian housing bubble. It hasn't bursted yet, and won't as long as commodity prices stays high, but if the recent drop in commodity prices continues, it will burst.
posted by stefankarlsson at 8:48 PM
3 Comments:
Mish did a post on this last December. See:
http://globaleconomicanalysis.blogspot.com/2010/12/canadian-borrowing-gone-mad-look-at.html
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Ralph, your link was interesting, though it was far from identical to mine.
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