High Lbos News Today

Second of all, theyre fiscally far more conservative. >> smarter banking. never had the housing bubble because of bad lending we had. >> 50% of all canadians have no mortgage. you need 25% of equity. mortgages are not tax deductible. second of all, you need 25% equi equity. theyre levered at 11 to 12 times capital. >> thats the key. >> they never got caught up in subprime and, you know, very high lbos. >> they never had the policy of, hey, buy a home, buy as much home as you can, deduct the mort...