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It is just funny that most of the people on this forum is hoping that the real estate market to crash. If you can't come up with the down payment now, what makes you think that you'll have the money or even "EMPLOY?" when the market crash. Real estate market crash is only good news to those who has tons of cash in their hand. For an average joe person it is bad news because the economy will be so bad that you might lose your job, all your stocks and mutual funds and other investmentswill crash along with it as well.
pk1234 发表于 2012-1-29 23:42
I did not see anyone wish this or that except you. Well, market is not going the same way as whichever you like or not, it has its own rules. Of course, the government can play an important role to control or adjust the inclination. But sometimes, the international issues interfere, it can be out of control. That's why there were so many recessions in history.
For employment, the US is getting better now. On the contrary, the situation in Canada is getting worse. Immigrants and skilled workers will move to the south, that's will be an serious issue to be taken into account.
Anyway, if you just have one residential home, you already paid the down payment, and you have no problem with certain extent of interest increase, so, you really don't need to worry about anything.
By the way, why do you prefer speaking in English? |
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