[refurb]

No scoring system is perfect, but I would criticize a few things:

- house price increase ignores the base which the increase occurred; Canada never had a 2008 crash, so even though their increase is smaller, it’s on a larger base (and now sits at 200% of US prices)

- percent of variable rate; in Canada nobody gets a fix rate longer than 5 years, many doing floating for 1 year only; the US variable rate can be fixed for 5,7 or 10 years before floating

So despite the US scoring “worse” on those two measures, I’d argue Canada is in a more precarious situation by the same measure