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How to make money $ from Canada's housing crash

By KgK one follow KgK one   2017 Oct 6, 10:17am 1,923 views   4 comments   watch   nsfw   quote   share    

Make $$ from canada s housing crash

1 ) should we short Canada housing?
2) Any suggestion on how to make $ on Canada housing crash. Article suggests shorting some bank stocks. Is that good idea?
3) any other way to short for better result
1   bob2356   ignore (5)   2017 Oct 6, 11:13am     ↓ dislike (0)   quote   flag      

Looks ready to? On the verge? Nothing like a sure thing to make some big bucks.

Make money the same way as every crash. Wait until there is blood on the street and jump in with both feet.
2   Heraclitusstudent   ignore (2)   2017 Oct 6, 12:12pm     ↓ dislike (0)   quote   flag      

KgK one says
There are now 65% more homes listed for sale in Toronto than there were a year ago.

This indeed is not a good sign. This was happening in the UI from 2005. The collapse was in 2008.

Also I don't think canadians can walk away from their houses. Many people are betting on this to keep things more stable. They shouldn't, because that means many people will rush to sell, and/or they will default if they can't pay (thereby hitting banks and the economy), and/or they will stay on the hook forever, unable to move and unable to spend (thereby hitting the economy and banks), which in turns affect the capacity of people to pay.
In the best case they are moving out of the period of apparent wealth created by many people going into debt, and by itself can throw banks of course.
3   KgK one   ignore (0)   2017 Oct 6, 1:04pm     ↓ dislike (0)   quote   flag      

So far looking good, might be canadian banks to short
4   missing   ignore (1)   2017 Oct 6, 1:21pm     ↓ dislike (0)   quote   flag      

Canadian banks are fine and will be fine. They are protected.

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