Interest Rates at These Levels Will Break Things – w/ guest Ben Rabidoux
September 15th, 2023
We are joined this week by Canadian credit and housing analyst Ben Rabidoux. Insolvencies are ratcheting higher, the pre-sale market remains the biggest vulnerability. Mortgage rates are starting to break household balance sheets. Immigration is out of control. Canada apartment rents are still rising. The ECB hikes rates. US inflation still sticky.