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To: diddlysquatz who wrote (38053)8/14/2015 3:49:02 PM
From: forbrydelsen  Respond to of 49402
 
the positive out of that story is that at least the cat is now out of the bag with these sorts of lenders.



To: diddlysquatz who wrote (38053)8/16/2015 1:24:27 PM
From: downandout  Read Replies (1) | Respond to of 49402
 
Interesting.
I'm not about to invest in real estate in Vancouver but I am not going to bet against it either, at least until there is a crack down on Chinese Money laundering. People have been talking about the bubble in Vancouver for about 7 years now. I can't see interest rates rising in the near future, I would guess that a rise in interest rates would be the catalyst for a burst - but bogus lending could be it. See any other catalysts?


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