tag:blogger.com,1999:blog-31427364.post7534102253569274987..comments2024-03-26T03:52:23.395-07:00Comments on Housing Analysis: Comparing US Prices at peak to Canada Todaymohicanhttp://www.blogger.com/profile/06094213357140749289noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-31427364.post-61974547331380814722010-05-04T14:48:29.848-07:002010-05-04T14:48:29.848-07:00Jesse,
Thanks for the great post.
Try convincing...Jesse,<br /><br />Thanks for the great post.<br /><br />Try convincing the housing shills in BC about it though...they are as deaf and blind as the idiots once found in the California housing market....of which some still roam around.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-31427364.post-19348203921261557802010-05-04T06:57:35.768-07:002010-05-04T06:57:35.768-07:00Not sure if you've seen this Edwards Jones rep...Not sure if you've seen this Edwards Jones report.<br />http://tinyurl.com/2c59gum<br />I've been looking for hard data on equity withdrawal in Canada for a long time, finally a snippet.<br /><b> In 2008, 22% of homeowners with mortgages took an average of $41,000 in equity (14% of the average value) </b><br /> 22% of mortgages holders tapped their ATM machine! That is more than I thought, and for more $ than I thought. <br />Mohican, Jesse, others: Any thoughts? Any more data available on how many people have thought spending money they had when really they were just taking on more debt?alexcanuckhttps://www.blogger.com/profile/08605337369229736033noreply@blogger.com