🛑Vancouver's Household Debt is a Whopping 86%🛑
1,326 views · Published 15 December 2018 · 9:03 · Indexed 6 October 2026
Channel: Mike Martins · 2018 · News & Politics
Congrats, Vancouver! You’re Canada’s most indebted city, largely due to the recent rapid rise in real estate prices. Breaking down the Canada Mortgage and Housing Corporation (CMHC) numbers from yesterday, we can see where Vancouver spends its cash. In Q2 2018, over 80% of Vancouver Census Metropolitan Area (CMA) debt was tied directly to the value of real estate. Vancouver is now the most vulnerable city when it comes to interest rate hikes, due to real estate debt. -~-~~-~~~-~~-~- Please watch: "Mike in The Night ! - The Great Reset - #mikeinthenight #talkshow #Thegreatreset" https://www.youtube.com/watch?v=D3SCIZ0zge4 -~-~~-~~~-~~-~-
More from this channel
-
7:06
Man BLOCKS Vancouver Bus for 3.5 hrs !
-
3:47
Small Business Owner BLASTS Yelp — “It’s Hurting Our Businesses!”
-
3:06
Retail Apocalypse ahead, Canadians Are going Broke, Expensive housing → less money → less spending
-
4:29
16 MONTHS ON TA-65 — Look at the Difference!
-
7:39
Looking for a Simple Board Game? Try Lost Cities!
-
2:00
US DE DOLORIZATION, Canada + USA + Mexico could create the “Amero” - To Rival BRICS Nations
-
1:34
3 Reasons You Should Play Golf — Even If You're TERRIBLE!
-
2:48
I Was Told This Was Ozzy Osbourne's LAST Tour! | Vancouver 2016