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Comments by "" (@Picklemedia) on "House prices soaring in Vancouver and Toronto" video.
Hot potato.. do we remember when interest rates were at 18% in the 80s? Of course we don't.
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@mattwaf lol. Tell that to the 40,000 some odd Americans that committed suicide in 2008 when the market crashed. People don't own debt, debt owns people.
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@mattwaf you said debt was free.
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@mattwaf True..., and completely commensurate with the point I was making: that's largely why I called it a "hot potato". -Do you know when interest rates will go up? -What's the longest term, fixed rate mortgage these days?
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@mattwaf all true. Especially the crystal ball part. And I agree that Canada is screwed if interest rates go up. Maybe we just disagree on the meaning of "hot potato"?
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@OVI-Wan-Kenobi-8 because people that attack others for their age are usually super confident. You're probably really tall and have a big hog? Say hi to the family 💕
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