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CREA spotlights challenges

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Justin da Rosa | 15 Feb 2017, 10:48 AM Agree 0
The Canadian Real Estate Association has released its first report of 2017, highlighting the challenges homebuyers are poised to face this year
  • Dizzy | 15 Feb 2017, 12:37 PM Agree 0
    The question I reflect upon is why are people not selling? I know people still very young with kids graduated and out on thier own with large homes that are too big for thier needs. My concern is that so many people have used secured lines of credit to finance life styles , businesses and tuition I am guess that there are many people with very little equity in thier properties. A secured line of credit can be managed by paying interest only. My concern is that these people are just managing thier debt and not paying off any principle. So if the economy falters then what?
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