Best way to bet against Vancouver Canada real estate bubble?

_eug_ said:
I worked for an A lender and have delt with thousands of clients all over Canada over a 6 year period. I am just giving my observation.
Most house holds were heavily weighed in Real estate with minimal to no other financial assets.

Sure occasionally id see a deal where a person had little debt and some assets outside of the house but this was very very rare.

The job made me extremely debt averse.
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Most households anywhere in the world at any time are "heavily weighed in Real estate with minimal to no other financial assets"!
 
toolazy said:
shorting CAD. At least it is simple. See its brother AUD.
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I'm not sure how it follows that a housing crash would make a currency fall. Currency forwards are set by interest rate differentials, so you're essentially saying that a housing rate fall would result in significantly higher interest rates. I'm not sure that makes any sense?
 
Sig said:
I'm not sure how it follows that a housing crash would make a currency fall. Currency forwards are set by interest rate differentials, so you're essentially saying that a housing rate fall would result in significantly higher interest rates. I'm not sure that makes any sense?
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I think the rationale is that interest rate gets cut and cad offers less opportunity on the forward and the spot comes down.
But I don't understand fx all that well.
 
OptionsOptionsOptions said:
RE: Best way to bet against Vancouver Canada real estate bubble?

Real estate in Vancouver BC, Canada has almost doubled since the date of this thread - May 2013.
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If you cannot beat them, join them:

upload_2018-5-31_21-36-0.png

:D
 
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