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Real estate investors in Canada might lose or incur higher debt load on their investment properties as interest rates rise in 2022. According to Royal Bank of Canada economist Robert Hogue, the country’s housing market is heading toward a “historic” downturn that will be bigger than any in the last four decades.
Direct ownership might not be a good idea today due to steep mortgage costs and dropping prices. David Rosenberg, an economist, said, “Investors…
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