Should I buy an apartment building now then in the US ?
You seem to be positive on the real estate debacle of mortgage renewals coming due in Canada and the Commercial Real Estate market in the US. You say we will muddle through. Should I buy an apartment building now then in the US ?
There is indeed some 135 billion of mortgages in 2024 and some 350 billion in 2025 coming due in Canada. The US commercial market is in serious trouble. I DO believe we will muddle through, but for now I would be much more comfortable on the sidelines.
