RE:RE:Something off the topicwell most respected people that know about these things all have been saying the Canadian housing bubble is the worst in the world. It's far worse than the average joe/jane understands. One percent more in intrest rate hikes will put over 60% of mortgages in Canada offside. It took Alberta almost 15 years to get back to where the crash started. This time it's country wide and the debts are not only house mortgages it's lines of credit and maxed credit cards. It's bad real bad and it's coming at you in wave after wave for aleast the next five years.