Canada's housing bubble has been growing for years, and many experts believe it will finally burst in 2022 or 2023. This could have devastating consequences for the economy, as many people will be unable to keep up with their mortgage payments and will be forced to sell their homes. However, there are some dangerous assumptions that people are making about the bubble, and it's important to be aware of them. For example, many people believe that the bubble will only affect the housing market, but this is not true. The bubble could also cause problems for the stock market and the Canadian dollar. Additionally, not everyone will be affected by the bubble in the same way. Some people will be able to weather the storm and come out ahead, while others will be left struggling. It's important to know who will be affected and how, so that you can make the best decisions for your own financial future.

Time Stamps
00:00 - Intro
01:25 - The Housing Bubble
03:49 - Problem with the Canadian Housing Bubble
07:29 - Can the bubble get any bigger?
09:08 - Rising rents across Canada
11:20 - 2008 US vs 2022-23 Canada
14:03 Long Term in Real Estate
14:38 - 2023 will be different
17:51 - Who will win in 2023?
22:19 - Wrapping up

I am a licensed mortgage agent M21004312 working with Dominion lending centres, Valko Financial FSRA13047. I work with over 60 lenders including the top banks to provide an array of mortgage products that are suited to your needs. I can help you with your housing needs across all provinces in Canada (except Quebec).

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My mission is to provide you with actionable content that enables you to build your wealthand live up to your potential. I came to Canada with my wife (Simran), during the pandemic in 2020, started with very little money, no job - to today, where I recently quit my job after building my side hustle to a cool 6-figures in revenue. I have met so many amazing people and mentors along the way, and I want to bring everything that I have learnt and continue to learn to you via this channel.

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DISCLAIMER: I am not a financial adviser. These videos are for educational purposes only. Investing of any kind involves risk. While it is possible to minimize risk, your investments are solely your responsibility. It is imperative that you conduct your own research. I am merely sharing my opinion with no guarantee of gains or losses on investments.

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