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The Ottawa Real Estate Podcast - October 16th 2024
In this comprehensive episode, we dive into the multifaceted impacts of economic shifts on the Canadian market. Paul Stevenson discusses the looming U.S. presidential election and its influence on mortgage rates, with an emphasis on locking in rates amidst price stabilization. We address the alarming rise in income inequality in Canada and its implications on housing affordability, alongside TD Bank's substantial $3 billion fine by U.S. regulators for anti-money laundering failures. The discussion includes warnings from former regulators about potential bank runs and the need for modernized…
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