Inovalis Real Estate Investment Trust T.INO.UN

Canada has only 3 things - energy, banks and housing!

[Wantthetruth999]

Take out mortgage interest increases and CPI is 2.5!.  

So how stupid are increases when 1/3 of the increases are mortgage interest rates and that increases total CPI. We are killing the golden goose. A normal economy has mortgage rates at a much lower percentage but lucky us means other categories have to really drop to compensate for mortgage interest increases!  This is like playing wack a mole with a sledge hammer!

[flamingogold]

"A normal economy has mortgage rates at a much lower percentage" The "truth" is, rates are still below the historical average. Give people free money (lowest interest rates since they were alive) and guess what most will do... spend, spend, spend regardless of the price. So now we have many people who overpaid for houses and are getting killed on their mortgages because they