Real Estate Investment Canada

True or false.?

True or false. 1)Trouble with the US economy began when the housing market crashed. 2)Canada’s economy is just as badly off as the US economy. 3)There are very few houses right now in most parts of the US. 4)High oil prices are helping to solve the problems in the US economy.

Public Comments

1. 1) False --- problems in the economy began when Congress encouraged subprime borrowing, its knee-jerk reaction to seek to mop up their mess with more money. 2)True to a degree: Canada's economy is geared to that of the US. Most dry wall is made in Canada -- so if housing dips so do the suppliers. 3) What? Housing is not in short supply anywhere that I can see in the US --- Home buyer with capital are hidding. 4)False --- Oil prices are a function of world demand for energy. The US does use a large measure of energy but we produce a large quantity --- We could produce more with Nuclear energy but again politics prevents a solution.