The Canadian Mortgage Housing Association has just issued a report on the additional cost of financing a mortgage there:
The increase in rates equals an additional $15 billion in payments for homeowners every year
Sounds like time to buy a bit more gold.
Pete
2 Likes
Strangely enough I’ve just ordered five of these 
https://www.bullionbypost.co.uk/gold-coins/full-sovereign-gold-coin/2023-gold-sovereign/
Gee, maybe people should be looking at 1200 sqft houses, like those that were perfectly adequate in the 60s, instead of “McMansions”?
Steve
2 Likes