My views on Canadian house prices

I recently provided a guest blog on MSN Sympatico Finance arguing that Canadian house prices would fall 30%. It generated a lot of comments with about half agreeing and half angry that I am talking down the market.

http://everydaymoney.finance.sympatico.msn.ca/2009/04/most-canadians-too-complacent-about-housing-prices.html

A few days later I did a follow up, disagreeing with those doubt a market decline and arguing that there are always cycles. I further argued that the time from top-to-bottom could be several years.

http://everydaymoney.finance.sympatico.msn.ca/2009/04/calverley-responds-to-your-housing-comments.html