Uploaded February 2025 | Updated September 2026, 2 hours ago

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This week we almost had a repeat of the 1930's Great Depression where house prices declined 67% due to Tariffs imposed by the U.S. government. I take a look at the data and how it compares to present day and how real estate could ultimately be affected. #greatdepression #realestate #canada #housingmarket

links/references:

investopedia.com/terms/s/smoot-hawley-tariff-act.asp#:~:text=The%20Smoot%2DHawley%20Tariff%20Act%20of%201930%20raised%20U.S.%20import,U.S.%20and%20around%20the%20world.

financialpost.com/news/economy/trump-tariffs-echo-failed-american-trade-policy

https://www.hbs.edu/faculty/Pages/item.aspx?num=41283

newsilver.com/the-lender/history-of-housing-market-crashes