Canadian housing boom has been driven, in part, by the construction of condos.
"Indeed, the story of Canada’s decade-long explosion in housing is to a large degree the story of a construction boom in the condo sector. But that boom now appears to be coming apart at the seams leaving many wondering what’s in store for the condo markets in Canada’s largest cities," Ben Rabidoux, a well-known bear on the Canadian housing market, wrote in this recent Globe article.
Mr. Rabidoux, a Canadian analyst with U.S.-based Hanson Advisors and the author of The Economic Analyst blog, joined Globe readers for an online chat about the future of the housing market.
Mobile users who want to read what he had to say, click here.