Posted May 1, 2024, 1:27 PM
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recession proof
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Join Date: Apr 2007
Posts: 4,646
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The Dutch "Canadian" couple who flipped their Manitoulin Island homestead, had previously sold a large dairy farm for $$$, and moved to Russia are smart business owners influenced by their countrymen, who've been buying Eastern European farmland by the millions of acres every year since 1992. I suspect they think Canadian real estate prices will correct further, so in 5 years they'll be back in Canada.
9% interest rates are coming by 2030.
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