RE:RE:RE:RE:What housing bubble????Blenz99 wrote: the book value looks fine/good but it won't matter if liquidity dries up
Who knows what will happen with HCG and the housing market and the Chinese Credit Bubble - I guess only time will tell
I don't know the answer - I sold out all my HCG and I am just watching to see if worth getting back in or stay out for good
I'm in the same boat as you....just waiting.
With their current unbeatable GIC rates,I expect deposits to slowly recover....and GIC's are far better deposits to have on their balance sheet as they are for 1 year plus vs savings accounts.