A cash buyer will need 700k if the average house drops 30%. You think the avg house is really worth it?%%
NOT exactly sure also. But since no borrower owns the home until its paid for--not likely any good, for the borrower.WOW ;1-5 years puts most of risk on borrower. [ Most likely that is addressed in the contract?? ]Cash buyers could clean up; even in a severe ,overvalued realty market ;cash buyers could come out smelling like a roseWith some/enough equity + in good a neighborhood even a forced sale could be profitable for both partys, assume the neighborhood did not go to pot.
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LOLSorry we don't take refugees or illegals from Canada.%%
Well since real estate is -location, location, location; +the median price nice home in TN[USa] is less than $275,000 + some citys, a lot less, NO. TN is like TX, FLA......, no state income tax. Looks like great time to sell+ move away from canada .
I did, moved to south florida%%
Well since real estate is -location, location, location; +the median price nice home in TN[USa] is less than $275,000 + some citys, a lot less, NO. TN is like TX, FLA......, no state income tax. Looks like great time to sell+ move away from canada .
Easy with advance degree's and money. But then again it's better to be retired snowbird 
BTW ironchef neither countries allow criminals, just saying, don't get your apron on the wrong way bunched up between your cheeks%%
I've seen 1.6 million average homes in Vancouver. Mostly Chinese buying passports and children's future in a stable country. But Trump is opening up investor visa, guess where they're moving to. It's already started.%%
The last line , Lylec305,of that article notes '' 100%....market is cooling off, no one knows why ''
LOL-LOL.Easy to see why ; its way overpriced.Same reason $150 oil did not keep going UP LOL
PS Nova Scotia Bank Pres called it ''overheated '' Ya think ?? LOLWow they talking tariffs... on buyers , now, more taxes to curb specs. I saw somewhere average ''detached home is 1.6 million''
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