Shockingly, Brampton, the city that lent its name to a flavour of mortgage fraud is leading the country in mortgage delinquencies.
Shockingly, Brampton, the city that lent its name to a flavour of mortgage fraud is leading the country in mortgage delinquencies.
Corporations and hedge funds with swoop in and buy it cheap.
It has translated to ~25 power of sale listings this year, so I think Brampton is safe.
But hopefully their house prices will fall faster because of it.