Real Estate: Canada Should Learn From Ireland’s Housing Crash

Posted by Globe & Mail via Investor Relations

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foreclosure dess

foreclosure dessLooking over a 2007 report on Irish real estate last week, I got a chill when I ran across this line: “Most available evidence would now appear to suggest that the housing market appears to be on the way to achieving a soft landing.”

Sound familiar? It’s a line Canadians have been hearing for years, recently from Finance Minister Joe Oliver and the Bank of Canada. ….continue reading HERE

 

Hat Tip To- Investor Relations Vancouver