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Mortgage Broker News | 13 Mar 2015, 07:14 AM Agree 0
A new report suggests that British Columbia could see a mass default on mortgages if there was a widespread crash in house prices.
  • David | 13 Mar 2015, 09:12 AM Agree 0
    Here's my prediction. We will see a mass default on mortgages everywhere in this country if there's a widespread crash in housing prices. Not rocket science.
  • Anthony C. | 13 Mar 2015, 12:19 PM Agree 0
    @Jamie Henry...

    Be honest...did it hurt just a little to have written and published what is arguably one of the most evidently unnecessary articles which I've yet to have read in MBN...way to go dude!

    I got one for you..."Canadian Housing Market could see a widespread default on mortgages were there a nationwide crash in home prices..."

    Better luck on the next one...
  • Rick | 13 Mar 2015, 12:57 PM Agree 0
    Agreed Dave - KMI is getting overly creative in writing headlines.

    Another set of perspectives on BC..... 1. Several global agencies including the U.N. report Canada as being one of the best nations on the planet to live in. That attracts worldwide attention. 2. Consider the national weather reports for the past 3 months and guess at where immigrants (from outside and within Canada) are likely to want to live. 3. Vancouver is hemmed in by: an ocean on the West side, Mountains on the North and East, and the U.S. border on the South. 4. Finally, With lots of external money wanting to come to BC, the supply vs demand pricing Law indicates that BC housing prices are a long way from any major corrections.
  • Rick | 13 Mar 2015, 12:57 PM Agree 0
    Agreed Dave - KMI is getting overly creative in writing headlines.

    Another set of perspectives on BC..... 1. Several global agencies including the U.N. report Canada as being one of the best nations on the planet to live in. That attracts worldwide attention. 2. Consider the national weather reports for the past 3 months and guess at where immigrants (from outside and within Canada) are likely to want to live. 3. Vancouver is hemmed in by: an ocean on the West side, Mountains on the North and East, and the U.S. border on the South. 4. Finally, With lots of external money wanting to come to BC, the supply vs demand pricing Law indicates that BC housing prices are a long way from any major corrections.
  • Rick | 13 Mar 2015, 12:58 PM Agree 0
    Agreed Dave - KMI is getting overly creative in writing headlines.

    Another set of perspectives on BC..... 1. Several global agencies including the U.N. report Canada as being one of the best nations on the planet to live in. That attracts worldwide attention. 2. Consider the national weather reports for the past 3 months and guess at where immigrants (from outside and within Canada) are likely to want to live. 3. Vancouver is hemmed in by: an ocean on the West side, Mountains on the North and East, and the U.S. border on the South. 4. Finally, With lots of external money wanting to come to BC, the supply vs demand pricing Law indicates that BC housing prices are a long way from any major corrections.
  • Dustan Woodhouse | 13 Mar 2015, 03:29 PM Agree 0
    If this, then that.

  • Doug King | 14 Mar 2015, 01:35 PM Agree 0
    Who wrote the lead to the report? Chicken Little?
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