Build a house for $500,000
6 Months later, it's sold foor $800,000
6 Months later, it's sold for $1Mil
6 Months later, it's sold for $1.2Mil
6 Months later, it's sold for $1.5Mil
6 Months later, it's sold for $1.8Mil
6 Months later, no one is buying houses anymore
the las Gambler gets stuck with a house they can't afford
Bank repossess the House, Power of Sale it for $800,000
The Bubble has Popped and prices are returning to Actual real Value
This is the Crazy part
The Liberal Gov of Canada: Lets buy the House for $1.8Mil and give it to Migrants to live in for Free
Sigh It's a Tax-dollar Bail-out for Rich people who Gambled and Lost