http://www.beaconequity.com/this-thing-is-coming-down-says-gerald-celente-2012-06-18/
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Comments
It is true that Canada's housing bubble is collapsing. The Canadian government decided this week to shorten the length of mortgages from 30 years to 25 years. This means that buyers will have to pay more per month than previously. Nothing his being said about increasing mortgage rates. There as been so many real estate wars that for most people, houses in Montreal, Toronto and Vancouver are out of reach.