Anticipated Crash For Toronto Housing Market

A billionaire investor, Stephen Jarislowsky made an analysis concerning the housing market in Toronto saying; without the intervention of the federal government to ensure the blazing real estate market is stabilized, the price of homes in Toronto will eventually come hurtling down.

The firm Jarislowsky Fraser which is based in Montreal was founded by Stephen Jarislowsky told a news reporting company that the government is not doing their best to have the housing market in Toronto regulated, he also anticipated a big bang, with an inevitable crash down of the prices.

Stephen is not happy with the way the government are blowing cash, he made mentioned in his interview that the government has made expenses with no profit whatsoever to the country.