The Bank of Canada says the housing market has gone bonkers – and it cant do anything about it
“Expectations becoming extrapolative.”
The Bank of Canada isn’t known for poetic flourishes but, in its description of the mania at the heart of Canada’s housing market, there’s a delightful cadence, appealing alliteration and a lot of truth.
Original Article Source Credits: The Globe and Mail , https://www.theglobeandmail.com/
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Link to Original Article: https://www.theglobeandmail.com/opinion/editorials/article-the-bank-of-canada-says-the-housing-market-has-gone-bonkers-and-it/
