Recently, Chinese New Year ushered in the Year of the Rat. Paul Ng, a computer systems manager turned philosopher, warned of fires to property owners in southeast Toronto and suggested that Toronto's hot real estate market will continue.
Meanwhile south of the border, Grandmaster Hong Lui tells that the US real estate and mortgage plight will slightly recover in the New Year. Downsides to Lui’s accounts include an increase of violent storms and nature-related catastrophes.