Post by
PANAGONINVEST on Aug 14, 2016 3:22am
Article about Mark Cohodes shorting Canadian Real Estate
Very Interesting. I hope he is wrong otherwise it won't be good.
https://betterdwelling.com/city/toronto/marc-cohodes-short-canadian-real-estate/
Comment by
Shortalot on Aug 14, 2016 9:39am
I think he is wrong, it is a supply and demand problem. He is right that income is not rising as fast as housing however he neglects to mention that interest rates continue to plummet. Look at Toronto, condos are going up like mushrooms. Why? Not enough single housing dwellings.