@SeanVancouver @Chinkasu15

@HanifBayat @dbcurren A huge reason but also Govts that have allowed if not further facilitated rampant speculation

@SanssoucciMD I totally agree that the QE and low rates in different parts of the word generated so many correlated global bubbles and RE bubble in Canada is strongly correlated to Asia RE bubbles but still the main reason for CND RE bubble was #BOC rates especially after the rate cuts in 2015

@BrnrJohn Consumerism is a short term solution for happiness especially in the low rates environments where the govs motivate more borrowing and spending to boost the economy but in a long term paying the debt could result in less life freedom and consequently less happiness.

@HanifBayat I'd argue its responsible for rising housing costs since the 90s

@HanifBayat N

@HanifBayat Lets see if BoC will keep rates at neutral even though economy slows. If not, we will see a constant yo-yo between 0-3%.