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  #11  
Old 11-21-2008, 03:19 PM
Steven Steven is offline
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Quote:
Originally Posted by bullish View Post
I think the Toronto housing market has found a bottom and we'll go up from here. The year over year decline for November, was much smaller than the October one, and in December we might not have decline at all.
I hope you are right, but I still think that there is more downside in the Toronto real estate market.
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  #12  
Old 04-22-2009, 10:54 AM
Lumber Joe Lumber Joe is offline
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Bank runs do not happen everyday. They happen, when there is panic.
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  #13  
Old 04-22-2009, 02:22 PM
trent trent is offline
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Bank runs do not happen everyday. They happen, when there is panic.
Maybe the next leg down in the stock markets will bring some real panic .
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  #14  
Old 11-12-2009, 04:51 PM
trent trent is offline
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Canadian banks look healthy simply because our real estate hasn't corrected...yet.
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  #15  
Old 11-21-2009, 03:54 AM
Rickson9 Rickson9 is offline
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There won't be a run on the banks because they have all their questionable mortgages insured by the CMHC aka the government aka the tax payer.
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  #16  
Old 12-01-2009, 02:50 PM
trent trent is offline
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There won't be a run on the banks because they have all their questionable mortgages insured by the CMHC aka the government aka the tax payer.
To have a bank run you just need 3-4% of all depositors convinced that their bank is in serious trouble. If those people withdraw their money in a short period of time the government will have to step in and save the bank, otherwise the fractional-reserve banking system is over.
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