Comment 40688

By A Smith (anonymous) | Posted May 14, 2010 at 19:50:46

Apparently, the Bank of Canada doesn't think that home price increases of over 7% per year is inflationary...

http://blog.american.com/wp-content/uploads/2010/02/housingcanada.jpg

It's just a matter of time before this Ponzi scheme unravels. My advice, sell your house before it loses 40% of it's value. If you think this is crazy talk, ask yourself how home prices can keep rising when incomes are not keeping pace...

http://runningofthebulls.typepad.com/.a/6a00d83451986b69e20120a959d15f970b-450wi

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