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    • Showing only topics in ~finance with the tag "bank of canada". Back to normal view / Search all groups

    2. Canadian interest rate increases = stave off the housing bubble (or create a spectacular burst?)

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      Do you guys think they're using rate increases to kill off all the overleveraged homeowners in an effort to create a sell-off and thereby lower housing costs? Could someone smarter than I please...

      Do you guys think they're using rate increases to kill off all the overleveraged homeowners in an effort to create a sell-off and thereby lower housing costs?

      Could someone smarter than I please explain what is going on... or is our inflation that bad? Seems like some of the inflation might be what I've read as greedflation. I didn't realize we jumped almost 3.75% in less than a year last year...

      20 votes