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Old 11-06-2008, 10:15 PM
Canadian Canadian is offline
Senior Member
Join Date: Jun 2008
Posts: 415

The Canadian housing market just started crashing down, and I don't think this is a good time to buy. I'm looking to buy a property in Toronto, but I won't touch anything until the prices come another 30-40% down from here. many people think that this will never happen, but this is just a wishful thinking of homeowners who overpaid for their homes and will soon find out that they are underwater with their mortgages.
Bear with me please
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