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A positive view on our housing market from the US
These days, the debate about isn’t so much whether Canada’s real estate is overpriced, but by how much. Is it 63 per cent too pricey, as Deutsche Bank recently estimated, or just 30 per cent overvalued, as the Bank of Canada suggested last fall?
In the eyes of George H. Ross, one of Donald Trump’s closest advisers and a familiar face standing by Trump’s side on “The Apprentice,” the answer is neither. Ross says the Canadian real estate market — both residential and commercial — is undervalued.
Read the full article here.
These days, the debate about isn’t so much whether Canada’s real estate is overpriced, but by how much. Is it 63 per cent too pricey, as Deutsche Bank recently estimated, or just 30 per cent overvalued, as the Bank of Canada suggested last fall?
In the eyes of George H. Ross, one of Donald Trump’s closest advisers and a familiar face standing by Trump’s side on “The Apprentice,” the answer is neither. Ross says the Canadian real estate market — both residential and commercial — is undervalued.
Read the full article here.