Tuesday, December 11, 2012

It's all over!

May as well collect up your marbles and go home.

Scotiabank has declared it a soft landing. So nothing to worry about. No reckless lending went on, no big losses for the big 5 and the CMHC won't bankrupt us all.

Phew that's a relief!


  1. I was almost worried. Thanks for the heads up!

  2. Ok so sales fall but prices are stable for now. But won't housing starts fall? What about the unprecedented percentage of people employed in the construction and real estate sectors? Scotia isn't looking beyond the end of its nose.

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