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How easy is it for a person to get credit? Could a guy with negative net worth potentially get approved for a $300k+ home like in the US in 2007? Also how easy is it for someone mortgaging a home to bail on their debt obligation when they realize they can't afford it or lose their high paying job?
Sephiroth_IRA fucked around with this message at 17:36 on Feb 15, 2013 |
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Feb 15, 2013 17:33
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Any chance Canada would offer Visas to people willing to buy foreclosures/property if/when the bubble pops? You would think "Hey Americans! Hate paying for healthcare? Well now you don't have to just buy a house in Canada!" would be an easy sell and a simple way to get prices back up after a pop.
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Feb 18, 2013 21:00
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