COMMENTARY: July 2022

The Missing Bubble

Often, we find ourselves in conversations (some lasting nearly two decades) about this housing bubble in Canada. But if we all believe there is a bubble, and that it will inevitably pop, then why do people keep buying into real estate? Surely our belief in this bubble creates a self-fulfilling prophecy. By trying to exit before the crash, we become the crash, like lemmings to a cliff.