​Canada likely sitting on the largest housing bubble of all time: Strategist - BNN Bloomberg

alphacyberranger@lemmy.world to World News@lemmy.world – 268 points –
​Canada likely sitting on the largest housing bubble of all time: Strategist - BNN Bloomberg
bnnbloomberg.ca
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Because when it "pops" prices drop? Would this be tied to other markets (like say groceries)?

If it is a bubble that's going to pop, it'll most likely happen alongside a recession. The price of groceries may drop, but alongside a lot of jobs lost or fear of losing your job.

You can always get another job.

It's not like we're running out of work to do.