Canadian Pensions Can’t Buy Your Mortgages Fast Enough
Canadian real estate has been one of the best performing assets in the country, and pensions are looking to cash in by rapidly expanding the residential mortgage credit held.
Canadian real estate has been one of the best performing assets in the country, and pensions are looking to cash in by rapidly expanding the residential mortgage credit held.
Large Canadian pensions are looking to reduce exposure to Vancouver real estate, we look at one of the reasons why – cap rates.
Canada’s large public pensions are beginning to lower exposure to the Vancouver real estate market, setting off new alarms of the bubble pop.