Friday, January 20, 2012

The Canadian house prices could correct by 10 per cent

Nouriel Roubini : “If [a 10 per cent correction] were to occur, some pain would occur, but it [would be] manageable,” he said. “I don’t think that the bubble is so severe that you will have a real huge housing bust as long as the economy continues growing at reasonable rates.” - In an interview with The Huffington Post on Tuesday

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