maestro
Senior Member
My first mortgage was 15%. I just smile at 5% being astronomically high. There are serious issues with the upfront costs for developers not proceeding without federal insurances that 50bps won't remedy. There's also that matter of whether Canada can really afford it should defaults start to happen.
The boom with 25 or more high rises under construction at any point in time will happen with investor condos.
The boom with 25 or more high rises under construction at any point in time will happen with investor condos.