From its website, Carlisle Group says it “is the market leader in developing low rise condominiums catering to the entry level market and the down-sizing market, offering them a price competitive quality home.”
Can’t come up with even 5% down? No problem, Carlisle Group will help you with an “easy monthly payment plan” for the downpayment. Lose your job? No problem: “you lose your job, we pay your mortgage.” This is a level of “catering” reminiscent of the US subprime mortgage market in 2006. Is Canadian housing the next ‘big short?’
;
