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Why Albertans are starting to walk away from their mortgages

Why Albertans are starting to walk away from their mortgages

This has yet to happen in Calgary as far as I know because we haven't had the price drop we were expecting so far except in our luxury market. Cross our fingers that no one in Calgary has to use this last resort.

High debt, lost jobs, and Alberta-only rules are leading to worry about the return of jingle mail in the province.

Annibee Sale Dec 1, 2015

Source: Why Albertans are starting to walk away from their mortgages

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