As goes Vancouver, so too goes the rest of McBubble 2.0?

As goes Vancouver, so too goes the rest of McBubble 2.0?
Rasputin - Sat, Dec 3, 2016 - 01:33 PM 

Well, according to this WolfStreet article: 

http://wolfstreet.com/2016/12/02/vancouver-house-price-bubble-collapses-sales-crash-for-sale-signs/ 

...at the very least Vancouver's Echo McBubble is imploding, even as I peck out this missive. 

I never thought I would live to see a repeat of 2008-2009 anywhere in the world, but as the pics below (culled from the link above) show, there it is in all its glory: 

McBust 2.0 

Now one has to ponder as to whether this scroomage in Vancouver is "contained" (just like subprime loans were "contained" here in the U.S., according to Ben The Beard), or is this really gonna be "IT". 

Stay tuned to find out soon... 

Image #1:

 

所有跟帖： 

• Hey, as far as we can tell -越王剑- ♂ (299 bytes) () 12/03/2016 postreply 20:55:56

• 照片正确，解释错误 -justforfun- ♂ (93 bytes) () 12/04/2016 postreply 11:03:18