Will 2016 be the year the Toronto Real Estate Prices Drop? Timing is very important in the study of Feng Shui. Timing is very important in Real Estate. Predictions can be made based on what energies are coming into play on an annual basis. The ruling annual, the number that determines the distribution of all the other energies each Chinese solar new year, is called the ruling annual.
Next year is the #2. Historically for the past 35 years whenever this number is in the center real estate values drop; especially when the industry is stressed. This effect is noticed everywhere, but the chart here shows only the most serious locations.
The #2 in Feng Shui is associated with mother earth, nurturing and healthy. The number also represents finance. Looking back over time, the last time it was the annual ruler was 2007, and the time before that was 1998, and the time before that was 1989, and before that 1980. Each one of these years was a real estate crash. The next year it appears is 2016. Will 2016 be the year the real estate bubble will crash? Will it be the year the financial lenders up their rates?
House prices in Canada are ridiculously high, everywhere, and lenders are lending out obscene amounts of money. Any movement in the interest rates will cause a panic. Will 2016 be the year the house of cards will crumble? My guess is it will. If you are thinking of selling, I strongly recommend you do it soon. You may also want to rent before you buy in the near future.
If you know someone with a big mortgage, pass this information along and save them from being a statistic in the next market crash coming soon to a town near you.IS