Take a look at this man's analysis and overview of the situation. Real estate crashes can typically precede a recession.
I dunno, we've had a few market corrections already and the federal government tightened up mortgage rules cutting out many over extended and underfunded buyers...provincial governments have also stepped in to discourage price escalation...so I doubt there will be a nation wide crash like the US experienced...
There is a prophecy that a significant percentage of American Jews will move to Canada first.... and later on to Israel....... it is based on this verse: Jeremiah 16:14ΒΆ Therefore, behold, the days come, saith the LORD, that it shall no more be said, The LORD liveth, that brought up the children of Israel out of the land of Egypt; But, The LORD liveth, that brought up the children of Israel from the land of the north, and from all the lands whither he had driven them: and I will bring them again into their land that I gave unto their fathers." Winnipeg area is one of the major areas where they are supposed to want to go to....... I think that American Jews can save us Canadians from a real estate crash..... .and perhaps...... set in motion a whole new trend in rural real estate prices. http://www.politicalforum.com/index...-fed-policy-pay-off-usa-national-debt.489825/ Could a real estate boom plus better Fed policy pay off USA national debt? Of course they will not be doing it because of Pastor David Wilkerson but more likely...... Isaiah 5:8 "Woe unto them that join house to house, that lay field to field, till there be no place, that they may be placed alone in the midst of the earth!
