What Will It Take To Cause Vancouver's Housing Market To Crash?

For those who are looking to purchase real estate in Vancouver, their hope is for the market to crash 50%-60%. It's common to hear things like, "we're in a bubble", "prices aren't sustainable", "foreign money is causing all of this", "the government isn't doing enough"... etc. With the stock market falling and the COVID-19 Omicron variant on your news feed, is this what is going to take for Vancouver's housing market to crash? 00:00 Introduction 1:10 What will it take for the market to crash? 2:51 Interest rates in the past 3:57 What will cause a crash? 4:10 Economics & policies 4:30 Covid 4:50 2008 financial crisis 5:23 Don't depend on the government 6:46 What can you do? 7:08 Connect with us! #vancouverhousingmarket #vancouverrealestsate #vancouverhousing #vancouvermortgagebroker ★☆★ NEED MORTGAGE ADVICE? ★☆★ Book an appointment with John Lee of Arise Mortgage: https://10to8.com/book/lnsouccutnajszhensjar-free/ ★☆★BONUS FOR A LIMITED TIME★☆★ You can download "The Ultimate Mortgage Guide" by John Lee here: https://mailchi.mp/16b642ce2eda/theultimatemortgageguide John Lee, a Mortgage Broker based in Canada, shares ways to be approved for a mortgage, home buying tips, and other mortgage-related stuff. If you're considering purchasing a home or refinancing your existing property, make sure to subscribe for helpful content-rich videos. He is a licensed Mortgage Broker, author of The Ultimate Mortgage Guide, and the President and CEO of Arise Mortgage. He's been in the financial and real estate industry since 2006. Before becoming a Mortgage broker, he worked at various big banks and a real estate company that involves property management and large real estate acquisitions. He has helped hundreds of families with a mortgage and one of the most fulfilling parts of my job is working with first time home buyers and securing their dream home. If you have any questions or would like to connect with me, below is John's contact info: 604-722-8404 john@arisemortgage.ca Thanks for watching! ★☆★ CONNECT WITH JOHN ON SOCIAL MEDIA ★☆★ Website: https://AriseMortgage.ca Blog: https://arisemortgage.ca/vancouver-mortgage-blog Facebook: https://facebook.com/JohnLeeMortgageBroker Instagram: https://instagram.com/johnleearisemortgage Linkedin: https://linkedin.com/in/johnyhlee