@danielfoch: #greenscreen "One of the hallmarks of mania is the rapid rise in complexity and the rates of fraud" #canada #realestate #toronto #torontostar #canadianecon #cdnecon #cdnpoli #canadianrealestate #retailproperty #brickandmortar #yyz #yyt #yvr #ywg #yuc #yeg #yqx #yhz #yqm #yul #yqb #yow #fyp #gme #amc #ontario #torontotiktok #recession #housing #housingcrisis #realestate #investing #realestateinvesting #invest #investment #podcast #statcan #inflation #bankofcanada #interestrates #canada #canadianrealestate #podcast #firsttimebuyer #jeromepowell #jpow #powell #federalreserve #bubble #realestatebubble #ubs #munich #frankfurt #zurich #dubai #fraud #mania

Daniel Foch
Daniel Foch
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Region: CA
Thursday 13 October 2022 00:52:42 GMT
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uncharted001
Uncharted001 :
I used to work in a factory making 19$ an hour. So many of my coworkers bought million dollar houses in Brampton and I wondered how they could afford
2022-10-13 02:41:26
328
subeliabeaute
Subelia :
That explains how people with low income bought 500K+ houses! 😳
2022-10-13 03:33:51
222
billyjackblack
Billyjack :
This is what happens when you have commission compensation
2022-10-13 02:19:36
142
toronto_papi_
Toronto Papi :
2008 all over again
2022-10-13 02:27:15
111
viidtech
V :
So I guess CBC will be crashing the market on Friday
2022-10-13 02:52:10
100
bogshow
Bogshow :
Time for all the realtors who just had to show up to sell a house to go back to bartending and serving
2022-10-13 06:14:02
72
keithbalante
Keith Balante :
🍿 I’m down to watch this
2022-10-13 01:10:49
60
brunz91
Bruno Cambolo :
Aka : Every second house in Markham 🙃🙃
2022-10-13 02:37:43
39
.occams_razor
OccamsRazor🇨🇦🍉 :
ok but I thought the Canadian banking system was pretty tightly managed?!
2022-10-13 01:06:26
28
hamiltonlistings
Danielle Millar | Realtor :
Oh boy! This will be a good watch. I love drama 😳
2022-10-13 01:08:27
20
mk1786
mksk11 :
Well even the banks and the government knows too, they first loosened the strings before they pulled back
2022-10-13 03:09:40
15
essuxs
Derek :
Do you mean Brampton loans? Where you get around the stress test for a higher rate
2022-10-13 02:04:21
12
stantheman888
Stan :
Not surprised there’s fraud
2022-10-13 01:47:50
11
snowyjanette
SnowyJ 🇨🇦 :
I gotta watch that movie again it was so good
2022-10-13 02:58:58
7
newlifenostrife
NewLifeNoStrife :
Omg I can’t wait
2022-10-13 02:23:19
6
misskriscee
MissKrisCee :
I used to do admin for a MDM at a major bank and this is 1000% true! That was 15 yrs ago!
2022-10-13 02:18:26
6
anniebasit6
anniebasit6 :
it is so common I have seen ppl working min job n getting approved that too on a single income n hear I m both of us work 10 hrs still tough to qualif
2022-10-13 04:18:16
6
doobalivious
Doobalivious :
Can you please provide a video of your findings on this! Thank you!
2022-10-13 01:29:41
6
factsonly111
Honest Reviews :
LOL everyone I know.. more like 90% of ppl who needed a home done it. Bank reps, Accountants, Brokers, underwriters are all involved 😂
2022-10-13 04:11:19
6
nickiticki1122
user9944970077964 :
If you don’t have have cable it will also be available on the CBC Gem app for free!
2022-10-13 01:13:50
6
dzolet
DzoleT :
Not surprising at all. Looking forward to this
2022-10-13 02:35:05
6
9etherinc
9etherInc :
Well what you expect! I’m damn near impossible to be approved for a home with the wages ppl have
2022-10-13 08:58:16
5
mortgageswithsteph
Mortgages with Steph :
This has been going on since the 90s and there only catching wind now.. or in recent years… there are whole communities that purchased homes like this
2022-10-13 01:23:04
5
robbie_cunningham
Robbie Cunningham :
I agree bud, been saying this for years also. Big banks will say no, mortgage brokers and car dealers always get the Yes
2022-10-13 05:40:09
4
grammaschair
J :
You know it’s happening. I see people buying multiple houses working as a cleaner. It’s a sham
2022-10-13 06:45:22
4
twofoodpiggies
WHIT | Food & Lifestyle :
Looking forward to watching this! Still think it’s comedy though when the banks won’t approve you on a $1400 mortgage but you pay $2600 in rent 😅
2022-10-13 16:41:58
4
theserags2331
Spectator :
yea and they end up paying those mortgages by any means necessary. it is what it is.
2022-10-13 02:20:59
3
melolmelolme
melolmelolme :
this is old news. 1.5% is the going rate. all you need is down payment and 2 years in canada
2022-10-13 03:09:39
3
mikeingelrealestate
Mike Ingel :
CBC is a good source for people not to listen to.
2022-10-13 16:40:57
2
silverstone7070
user8632897212896 :
U mean there’s fraud in our housing market??? No way Im so very surpised. How could this be? 😏
2022-10-13 02:34:45
2
ceskibb
Francesca D :
In other news…water is wet.
2022-10-13 02:27:58
2
vivv212
Viv :
@Rae Rae
2022-10-13 02:26:04
2
lifewithmisspiggy
Agent Q :
I can’t wait for all of us to collectively bail out the banks again 🙄
2022-10-13 12:16:04
2
mahwish_kb
Mahwish Karamat :
Yeah the underwriters, realtors and mortgage brokers are involved all of them get a cut for a 10k fee. Every 100k they forge they take a $1k fee lol
2022-10-13 18:15:33
2
samzxhepaj
Sam CarLegion :
Really? This is news to people? 😂😂
2022-10-13 04:58:28
2
ed.ibl.e
ed8096 :
@draytonnay @realtoroftiktok
2022-10-13 10:31:59
2
melissabain_artist
MELISSA BAIN | A R T I S T :
👁🫦👁 🫳🏼🍿🧃
2022-10-13 07:04:19
2
ti_20250
ti_20250 :
So Canadians didn’t learn anything of what happen over a decade ago in the US?
2022-10-13 01:35:34
2
prairieboy84
Damon :
wanna name drop a few asking for a friend 😂😂
2022-10-13 02:20:40
1
lucasbarnes_
Lucas Barnes :
Keep covering this
2022-10-13 14:10:50
1
june_robux34
June Mayer :
@agentgina1 😳
2022-10-13 23:01:37
1
b3nd0vers
Ben Dover :
The ending of the big short shows how the financial system really works. many people guilty and 1 person takes the fall
2022-10-14 00:11:13
1
jaceholland
JH :
Love the content and the Twitter Spaces. You’ve been a great voice on Canadian real estate over the past couple of years.
2022-10-13 03:19:07
1
gurpreetsingh97799
GurPreet Singh :
I am surprised why it took so long to discover this on going crime . It is lot deeper than we can imagine
2022-10-14 03:27:00
1
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