WE know that the foreigner buyers tax etc has had an effect on detached in prime areas. We know that condo supply will be at historically high levels. We just had an election with a possible NDP/Green government.
What else could start the ball rolling. Turn the market around in a rush?
Here's a guy who has mental health issues...
"Getting Mad at the Wrong Trump Economic Blunder
His assertion about taxes is far worse than an old phrase he thinks he coined...
Ha ha ha! Trump thinks he just coined the term "prime the pump" a few days ago! Economists and politicians have been using it for generations! In fact, even Donald Trump has been using the phrase since at least late last year, when he told Time magazine's Michael Scherer in his Person of the Year interview:
... But none of that is why I'm writing this column. I'm writing this column because, in the middle of his historically naive explanation of Keynesian pump-priming, Trump threw out a statement that is dramatically, dangerously wrong -- and the interviewers from the Economist didn't correct him on it.
That statement is, of course, "We’re the highest-taxed nation in the world." Here are the latest numbers on tax burdens among affluent nations (from a column I wrote when the Organization for Economic Cooperation and Development released them in December):..."
https://www.bloomberg.com/view/articles ... ic-blunder