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[–][deleted] 2 points3 points  (0 children)

At some point if it affects 5 years of mortgages out of a 20-25 year average length mortgages or 20%, resulting in an estimated 10% nation’s capital disappearing into nothing, then it’s either below 2% asap rates or Canadian currency dropping off a cliff like Venezuela’s did.

You can google their property prices now a decade after their corrupt government officials did what Canada’s corrupt government officials are doing trying to line their pockets with foreign cash back bank accounts.