Kyle Bass On Canadian Real Estate Bubble [VIDEO]

UPDATE: 6/17/2014 7:10PM EST the clip and quote come from a presentation which Kyle Bass gave at a CFA conference.

“Look, one of the potential butterfly effects (of a Chinese slowdown) is Canada… Canadian home prices are, on a median, nine times median income. The U.S. hit seven times at the height of the subprime bubble. Where Canadian housing sits today is completely unsustainable… All of the prescriptions for a problem in Canadian housing are out there… It sure looks to me that Canada is all of a sudden coming to a halt.” Fool.com

Somewhat related video below and it looks like quote is from video

Also see Greatest Trades Ever: From Henry Hoare To Kyle Bass [INFOGRAPHIC]

For exclusive info on hedge funds and the latest news from value investing world at only a few dollars a month check out ValueWalk Premium right here.

Multiple people interested? Check out our new corporate plan right here (We are currently offering a major discount)






About the Author

Sheeraz Raza
Sheeraz is our COO (Chief - Operations), his primary duty is curating and editing of ValueWalk. He is main reason behind the rapid growth of the business. Sheeraz previously ran a taxation firm. He is an expert in technology, he has over 5.5 years of design, development and roll-out experience for SEO and SEM. - Email: sraza(at)valuewalk.com

Be the first to comment on "Kyle Bass On Canadian Real Estate Bubble [VIDEO]"

Leave a comment