"...Concern is growing that the professionals are crowding out first-time buyers and would be quick to sell if property values start to slide, which could threaten the economy.
Investors account for about a fifth of new mortgages in Canada -- the same share that prompted a crackdown in the U.K., and roughly five times the rate in the U.S. -- stoking debate over whether homes should be viewed as assets, or just places to live..."
http://www.bnnbloomberg.ca/housing-market-gone-berserk-stirs-unease-over-investors-clout-1.1620247
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