Relevant:
- 'O Canada': Buyers from north help housing market stay afloat
- Miami Loan Officer Convicted For Fraudulent FHA Condo Sales Using Downpayment "Gifts" With Nehemiah, et al.
- Fueled by overseas buyers, South Florida condo sales soar
- A Bank Bet on Condos, but Buyers Want Out
- Canadians Are Buying A Record Number of New Cars, With A Record Amount of Financing (INCL. SUB-PRIME)
2010-04-02 — blogspot.com
"In regards to worrying about debt, it's a bit late now. As happened with buyers of Florida condos in 2005-2006, most Canadians recently buying property, especially condos, will soon find out how hard it is to escape an illiquid investment in a market with no buyers.."
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