I look back at major housing and real estate crashes to gain insights into where we may be headed. These historical market events include the Great Recession of 2008, the Late 80’s housing crash, Celtic Tiger, and the Lost Decade in Japan. If History is any indication of where we may be headed you may want watch this.
Links from sources:
https://betterdwelling.com/toronto-suburban-real-estate-is-76-overvalued-highest-in-all-of-canada-bmo/
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https://www.investopedia.com/articles/economics/08/japan-1990s-credit-crunch-liquidity-trap.asp