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Old 10-02-2009, 02:10 PM
Canadian Canadian is offline
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Join Date: Jun 2008
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Banks are to share the blame along with irresponsible homebuyers for our Canadian housing bubble, however I doubt that they'll take their fair share of losses when the time comes. All bank losses will be simply put on the taxpayer's tab, and banks get to walk clean. The same cannot be said about the moronic buyers who bought in the last few years with little or nothing down. They will be crushed financially when the housing crash arrives.
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