I don't think it would be for the same causes. In the big short, it was due to excessive subprime lending, packaged and sold as financial instruments fraudulently rated way more than the quality of their underlying assets.
As far as I know, in Canada, regulations are more stringent, and the cause would be more about supply-demand imbalance in sought-after locations.
I don't think it would be for the same causes. In the big short, it was due to excessive subprime lending, packaged and sold as financial instruments fraudulently rated way more than the quality of their underlying assets.
As far as I know, in Canada, regulations are more stringent, and the cause would be more about supply-demand imbalance in sought-after locations.
Correct me if I am wrong.