nostrnaut on Nostr: Canadians staring down the barrel of the #mortgage-renewal gun over the next 12-18 ...
Canadians staring down the barrel of the #mortgage-renewal gun over the next 12-18 months; some expected to see 40%-80% increases in their mortgage monthly payments
all because they borrowed at historically low interest rates in ‘20/‘21 on houses they would never have been able to otherwise afford
#bitcoin was around $56,000 CAD at the beginning of this year
if #bitcoin just goes to $120,000 USD (~$164,00 CAD) in the coming months, that will be a near 200% ROI
- do Canadians expect their houses to gain in “value” by that much?
folks still have no. fucking. clue.
🍁🏠🔥
all because they borrowed at historically low interest rates in ‘20/‘21 on houses they would never have been able to otherwise afford
#bitcoin was around $56,000 CAD at the beginning of this year
if #bitcoin just goes to $120,000 USD (~$164,00 CAD) in the coming months, that will be a near 200% ROI
- do Canadians expect their houses to gain in “value” by that much?
folks still have no. fucking. clue.
🍁🏠🔥