Second edition of the 2015 book that sold 5,000+ copies in North America; revised for a market that has become hotter and more precarious Essential advice for Canadians trying to plan for retirement as warnings mount about a coming housing crash Canada's housing market is on the brink of a major correction; housing prices are among the highest in the world Author has served as an investment advisor and manager for over 35 years In a previous book, author predicted the collapse of the dot-com bubble and gave investors practical advice
Starting in 2008, investors, upset by the stock market collapse, started to see real estate as a «safe haven» investment. While talking with numerous clients, investment manager Hilliard Macbeth realized that Canadians have far too much of their investment capital and savings tied up in expensive real estate when better opportunities are about to appear in other asset classes. He argues that Canada is in the midst of a real estate bubble, and there will soon be a crash in house prices. <br/> <br/>
What can Canadians do to be prepared financially for retirement and to take advantage of the «once in a lifetime» buying opportunity that will follow the bubble bursting? All these answers can be found in <i>When the Bubble Bursts</i>.