23 July 2013

Housing boom in Canada is a compensation of slow 1990s and beginning of 2000s.

We came across with interesting comments about real estate market from Ed Devlin executive vice president and head of Canadian portfolio management of the world biggest bond fund  PIMCO.

According to Mr. Devlin, today’s housing boom is partially a compensation for underinvestment in the real estate reportedin the 1990s and 2000s…

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