Angels generally stop investing when the stock and
housing market crashes because — wait for it — they feel poor.
The housing market crashed because of greed, stealing, and pride.
Not exact matches
It's low risk
because even if the
market crashes, the
house hacker (relative to his peers, the renter, and the homeowner) stands a great chance of keeping his head above water just fine.
The Bank of Canada and the federal government have long worried about Canada's
housing market continuing to expand beyond fundamental levels
because of the potential for a sudden and steep
crash once interest rates start to rise, which would not only put many homeowners» finances in jeopardy, but could also sideswipe the economy.
The U.S.
housing market didn't
crash because the debt - to - income ratio surpassed 165 per cent, but
because it was a «lousy» 165 per cent, Tal said.
Simply
because the U.S.
housing market crashed spectacularly doesn't mean Canada is headed for a similar fate.
«The apartment sector did not overbuild during the
housing boom, and then built nearly nothing for two years after the
market crash because no financing was available,» he said.