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Five Reasons Why You Don't Need To Worry About A Canadian Housing Bubble This weekend I shared this Globe & Mail story about the hedge fund manager betting big against Canada, specifically the Canadian banking sector, housing market and the country's currency. He sees a crisis coming for the real estate market up north that will wreck the economy. It's an interesting view, but one that I think will be wrong. Five quick reasons why: 1. A lot of the money fueling the boom is coming from Asians (especially from China) who want to get some assets outside their country. R...
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