Credit delinquencies are still rising. The bull case for single family housing. The flood of rental supply, and the death of the pre-sale condo. Bonus episode with Ben Rabidoux of Edge Analytics.
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Timestamps:
00:00 Introduction
04:34 Canada's Technical Recession
6:24 Housing Weakness Spreads Through The Economy
8:25 Ontario's Economic Slowdown
12:00 Canada's Productivity Crisis
14:12 Why Do We Keep Falling Behind?
19:41 Delinuences, Defaults & Mortgage Stress
22:45 Canada's Oil Prices & Energy Markets
24:45 Why Alberta's So Resilient?
29:27 Mortgage Spreads & Lending Trends
32:38 First Nations Land Claims & Property Rights Debate
35:58 Consumer Spending Is Slowing
39:09 Canada's Population Growth Problem
45:50 Rental Market Correction Inbound
49:24 How Much Lower Can Home Prices Go?
52:42 Young Canadians Are Squeezed
56:01 Single-Family Homes Hits Historic Lows
01:04:10 Are We Near The Bottom?
1:06:01 Vancouver Real Estate Forecast
1:09:09 Consumer Sentiment & What's Next
Written, shot and produced by Unforgettable Studios (Adam “DC” Darvay-Canavor & Alvin Keung)
https://www.unforgettablestudios.ca
adam@adamdc.ca
https://www.instagram.com/adamdcmedia/
Disclaimer:
The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.
#LoonieHour #macroeconomics #recession
