Comments on: Quebec housing starts up significantly in February http://montrealrealestateblog.com/quebec-housing-starts-up-significantly-in-february/?utm_source=rss&utm_medium=rss&utm_campaign=quebec-housing-starts-up-significantly-in-february A fresh dose of the local market. Three times a week. Wed, 16 May 2012 08:32:42 +0000 hourly 1 http://wordpress.org/?v=3.3.2 By: Deya Bautista http://montrealrealestateblog.com/quebec-housing-starts-up-significantly-in-february/comment-page-1/#comment-1697 Deya Bautista Fri, 19 Sep 2008 13:54:29 +0000 http://montrealrealestateblog.com/quebec-housing-starts-up-significantly-in-february/#comment-1697 Where should we begin? Mortgage insurance companies are going bankrupt. Interest rates go up to the roof. Home owners unable to make payments are forced to sell their homes, at a price where they might not make a penny. Apart from that, if the oil prices go up, so will be the travel costs (transportation). Construction materials will increase and developments will have to increase their housing prices to accommodate both insurance, interest rates and construction material costs. I could go on, but I think the basics are covered. Thanks for the comment.! Where should we begin?
Mortgage insurance companies are going bankrupt. Interest rates go up to the roof.
Home owners unable to make payments are forced to sell their homes, at a price where they might not make a penny.

Apart from that, if the oil prices go up, so will be the travel costs (transportation). Construction materials will increase and developments will have to increase their housing prices to accommodate both insurance, interest rates and construction material costs.

I could go on, but I think the basics are covered.

Thanks for the comment.!

]]> By: Singapore Property http://montrealrealestateblog.com/quebec-housing-starts-up-significantly-in-february/comment-page-1/#comment-1595 Singapore Property Thu, 18 Sep 2008 11:59:19 +0000 http://montrealrealestateblog.com/quebec-housing-starts-up-significantly-in-february/#comment-1595 What do you think is the impact on the housing numbers given today's financial turmoil that is surrounding Wall Street? What do you think is the impact on the housing numbers given today’s financial turmoil that is surrounding Wall Street?

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