To be fair, Canada&#x27;s housing market is likely going to crash yet. It&#x27;s at far beyond sustainable levels with the new reality of the economy, and household debt has soared in the last ~12 years. Canada&#x27;s housing market was sustained by taking on a lot more debt -<p><a href="http:&#x2F;&#x2F;i.imgur.com&#x2F;UvoxS4d.png" rel="nofollow">http:&#x2F;&#x2F;i.imgur.com&#x2F;UvoxS4d.png</a>