Bursting Aspects of the Housing Bubble Myth

The economist Carl Gomez explains why there are no signs of housing bubble in the Canadian real estate market. Gomez points out that the homeownership rates have risen to 67%, and the homeownership is affordable for most Canadians, because of the low interest rates. According to the author the market forces of supply and demand are one of the main factors behind the steady increase in the average home prices in Canada.

Bursting Aspects of the Housing Bubble Myth