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September 27, 2022 | Housing Bubble Deflating

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel ( Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog:

This video presents the US housing dynamics well. Unfortunately, after many similar factors, the Canadian housing excesses are even greater and the downside bigger.

Home prices have greatly outpaced average persons disposable income. In the video we will explain what this means for the U.S. Housing market and how home prices corrected during similar housing bubble situations in the past. Here is a direct video link.

This chart, courtesy of the DailyShot, compares Canada’s household debt, mostly in mortgages (in green) since 1990 and American household debt in brown. We have a lot of mean-reverting here to do.


Now, economists from typically conservative institutions predict national price declines greater than 25%. As in America after 2006, prices are unlikely to recover their 2022 manic cycle peak for many years.


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September 27th, 2022

Posted In: Juggling Dynamite

One Comment

  • AL says:

    The global real estate bubble has burst!!! House prices across Australia, Canada, USA, UK, Europe and China will plunge down to their 2010 levels within the next couple of years. No amount of insanely excessive immigration policies can prevent this outcome. Caveat Emptor!!!

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