But will he mastubate me?Mike Stewart - financial planner can help if you don't know.
Ask jimtan.But will he mastubate me?Mike Stewart - financial planner can help if you don't know.
This Turkey is Done !!!.. The US,, the most powerful country in the world did not or could not stop the devastation of the real estate crash south of the 49 th..Harper is not going to do anything to slow or stop this "correction".. Nature will be allowed to take it`s course just like the in US ,Ireland ,Spain, etc. etc. Nature taking it`s course will mean that prices will retreat to the historic average or mean,, I would guess back to the 2004 levels ..The Canadian government could see what was happening in the US starting about 2006.. If they wanted to save Canada from the same real estate correction they would have done something then.. I believe this is commanally called,, "Wealth Distribution".. The money lenders are the people that make the money .. Recent RBC profits comes to mind..JMHOThe thing about Canada is we have these well understood spigots we can turn on and off depending on our desire to control housing prices.
CMHC and Immigration are the two major faucets that will be used when prices get too cold too fast. CMHC is very effective because it's so finally wired into all our banks and we have so much data on what changes to down payments or mortgage lengths can do. Immigration is hugely effective because we have tight vacancies everywhere and a very small population relative to the demand for citizenship from quickly growing nations.
We also have the resources (natural ones) to back all this up with. Our debt is mostly under control and our dollar is pretty strong - and we have a small , manageable population.
Obviously, right now the Harper government is trying to run it cold for awhile to help cool things off. I'm sure if they see a crash coming down the pipe though, they'll turn the temp back up.
Two risks to this: if someone gets elected who doesn't understand how and when to do this. In particular, the NDP which probably has greater support amongst renters than the other parties, may be tempted to create anti-landlord / anti-immigration policies. They may not have a bench that can actually properly forsee when a crash might start getting out of hand.
unicast,metalhead, did u check out Panama? Is Panama for you? I was in the part of the world early this month. I did not go to Panama city becasue the tour I booked did not have enough people to make it. I did wander around in Colon near the canal. Not impressed at all. A bit scary walking on the street. Same with Limon in Costa Rica. I have people told me both countries are attractive retirement spots. There is a big Shell refinery on the island of Curacao, beautiful island, The water way resembles Venice. Ever been there?
Yes.Obviously, right now the Harper government is trying to run it cold for awhile to help cool things off. I'm sure if they see a crash coming down the pipe though, they'll turn the temp back up.
But, they keep coming. Where to house them if developers don't build?How about Vancouver? I think price drops will be worse. If price-income needs to drop 40% in 7 years that will mean annualized price drops of -5% with income gains of 2%. We are on track for -5% in the winter of 2013. And things may not go in a straight line. There may be years of more and less severe price drops in that time. If we follow a simple raised-cosine pattern we can figure out the likely trajectory, suffice it to say I think 2013 might be on the weaker side.
But on the whole I think you have it right, Austin, alas I don't know how to hedge it!!!