Are housing prices going to drop over the next while with an incoming recession…?
I think first it’s best to take a step back and look at the context. Some house prices are going to drop – mainly those that are in overpriced bubble markets – If I had a $2m condo in Toronto with a 4% net yield, then I’d be selling that – it’s overpriced froth in a speculative market.
Fortunately, what we’re buying couldn’t be more different. Lets...