Author Topic: Spotted in the local paper  (Read 2022 times)

Jomar

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Spotted in the local paper
« on: February 07, 2014, 12:59:10 PM »
Refreshing to see a newspaper column speak some truth about saving/retirement (even if not specifically about FIRE). http://www.winnipegfreepress.com/opinion/columnists/canadians-need-evangelists-for-financial-planning-gospel-244172461.html.

soccerluvof4

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Re: Spotted in the local paper
« Reply #1 on: February 11, 2014, 05:15:25 AM »
its just amazing to me the costs in Canada. When i watch HGTV shows like love it or list it and property brothers which you know are all filmed there the expense of housing is unbelievable.  Not knowing a whole lot about the Country you live in (which is beautiful by the way) is it concerning or does is seem like they are heading into a housing bubble that we went through. I know Canada did very well during our financial crisis but just curious if things are starting to head in same direction. Be interested in your thoughts.  Thanks for sharing!

GuitarStv

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Re: Spotted in the local paper
« Reply #2 on: February 11, 2014, 08:14:59 AM »
Most of Canada is reasonably priced.  Two of the biggest cities, Toronto and Vancouver have got very high house prices though.  I've been living in/around Toronto for about ten years now.  Every year for the last ten years, people notice that the cost of a home is going up and say that we're in a bubble and that it'll burst any minute now.  It'll be interesting to see what happens if interest rates ever start to rise, but for the moment I don't really see it as being a dangerously inflated.