Nicole Foss : Canada's real estate to collapse by 90 percent Video

Max talks to Nicole Foss about the unbusted real estate bubble in Canada. some canadians still live in denial



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Well? said.
Well? said.

Are you crazy real ...
Are you crazy real estate should fall 60 percent, other we should all move Detroit, where we can? buy a house. Spartansneaker

Are you crazy real ...
Are you crazy real estate should fall 60 percent, other we should all move? Detroit, where we can buy a house. Spartansneaker

we are LOOKING FOR ...
we are LOOKING FOR CANADIANS THAT WANT TO FARM ONE HUNDRED ACRES GOOD PASTURE BEEF FARM WE HAVE TEN THOUSAND the farm is 100 acres good barn five bedroom house if you want to farm organic food and some organic beef and make some money then get ahold of us ? the food bank from moncton NB is even going to hook up with us

Then we install a ...
Then we install a group of laws known as the Free Peoples Charter that states that under NO circumstances will the dealings of a countries money fall in the hands of private institutions, that no Freedom or Right will be infringed upon by the government or privatized? institution, that transparency in the government of all its assets will be made viewable to the public (including the budget of Canada and the salaries of all political servants) and re-publish the Bill of Rights with NO scruples.

pave the way to a ...
pave the way to a debt free Canada. ANY debt the government would incur would be taken directly from the coffers of the people of Canada and paid back to ALL of us in kind with interest INTSTEAD? of the banks. This will lead to inflation, but no matter what we do, it's going to happen anyway so we might as well put in place the "First Aid" measures needed to make sure we dont red line like the US and the EU.

Get rid of the ...
Get rid of the corporate privatized banks and the Bank Act. Take a loan from the Bank of Canada at very little interest to pay off our existing loans to the private banks. The interest goes back into the hands of Canadians who in turn pay taxes. Imagine getting? a check in the mail from the government saying "we f**ked up, were sorry, here's what we owe you this month". The people would be in power of their currency again as it should be. This would lead to faster recuperation and

Amen.?
Amen.?

can somebody please ...
can somebody please predict the date of Canadian real estate market bubble??

90%??? I'm a bear, ...
90%??? I'm a bear, but more like 30-40% across Canada and possibly more in places like Vancouver. Also, Oil Sands (not "Tar" Sands) are not as bad as she is insinuating. Even if we did use more energy, obviously the natural gas used to extract the bitumen is far less VALUABLE than the bitumen. The market will? figure this out, like real estate, as it always does.

This chick is ...
This chick is laughable, I would suggest a 50% correction tops! hahaha what a? clown!

ya I think van and ...
ya I think van and Toronto are headed for some kind of disaster for sure, but that does not mean it definitely will be the same or to the same degree in the rest of Canada. Even in the U.S. the majority of the gains and losses were in the major centers, LA, Detroit, New York. But for anyone to go on TV and say "90% drop", thats just fear? mongering. 50% in the major centers? Maybe. But 90% ? Ridiculous.

@aegisgfx I? think ...
@aegisgfx I? think thats a max. vancovuer housing prices is soo bloated right now. a teardown house in my neighbourhood @ $1.5m

ya think so? go to ...
ya think so? go to windsor? bud lol

Search for and read ...
Search for and read this article: "housing the? most manipulated market in the world newworldparty"

I think it's going ...
I think it's going down but yah, you put it in perspective. I don't think it's going down 90 percent. That's not going? to happen.

"Houses to drop to ...
"Houses to drop to $20,000 in Canada!? " Lol, these people are idiots.

Clearly a woman who ...
Clearly a woman who doesn't understand the infamous Vancouver RE boom bust cycle ? nor Canadian bank lending. She's a joke.

I agree with Nicole ...
I agree with Nicole Foss that housing is going to go way down and I see it with my own eyes that this won't last long and already showing signs of slipping. Like? what American comedian George Carlin said when he was alive about the American Dream "you have to be asleep to believe it" and he sure was right. You never really own your house - you are a slave to very high taxes and you can't do what you want with your own property - it isn't yours.

Max, you know that ...
Max, you know that the dollar is in a bubble. It's already October 2011 and the market? is still strong.

? I agree....too ...
? I agree....too bad most house owners (especially here in vancouver) are mortgaged to their eyeballs and beyond.....

With the fees the ...
With the fees the banks put out there, i'm? quite frankly stunned that more Canadians don't take full advantage of Credit Unions.

The prarie ...
The prarie provinces? of canada are still doing ok. It is relatively easy to find work. The housing bubble is going strong here in Winnipeg. BC and ontario are bust, all of the socalist and globalist agendas were introduced into BC and ontario first and it ruined their economies.

I'm from Ireland ...
I'm from Ireland and our housing market is already down 55% and still falling and that's even before a? major global financial collapse

ya 20% sounds wrong ...
ya 20% sounds wrong alright. Nicole Foss is an excellent blogger though. excellent perspective? on inflation vs deflation.

That was? painful. ...
That was? painful. Construction amounts to about 6% of Canada's GDP and only about 35% of that is residential. I don't know where she gets that 20% of Canada's GDP is in residential home construction. Another know-nothing blogger throwing out numbers.

bottom line stay ...
bottom line stay away from any credit live within your means , buy a house only when you have the whole price in your hand , otherwise you are a slave? to the blood sucking banks ....do not give them one penny of your hard earned dollars , boycott the banks

Well Nicole, our ...
Well Nicole, our very own? Garth Turner says you're dead wrong. So between you and him, lets say a 45% correction. That sounds fair, don't you think so??

is this your first ...
is this your first property ? are you going to be renting rooms etc? .....I know a lot of your people doing this business in the west end , but it is not as good as it used to be even ten years ago...

huh soon i'll? be ...
huh soon i'll? be living in it ! ! , yes west end but not as far as oshawa.