Canada's even bigger real estate bubble?
http://www.greaterfool.ca/2011/10/10/6954/TLDR: We have a higher ownership rate now than America did at the bubbliest moment. Theirs topped at 68%, and ours is 70%. They built 29% too many houses. We built 41% too many. They assumed record household debt. We’ve piled on even more. And we share the same basic economy.