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Bank of Canada: Canadian Homeowners Have Extracted Hundreds of Billions In Equity

The Christopher Columbus of central banks has discovered what everyone knows – Canadians are burning equity. A LOT of it. Bank of Canada (BoC) staff have concluded homeowners are extracting a lot of home equity. Consumption and the economy are boosted by the home equity extracted. However, the more significant the sum extracted, the more […]

The post Bank of Canada: Canadian Homeowners Have Extracted Hundreds of Billions In Equity appeared first on Better Dwelling.

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