We are now 6 months into 2014. The markets where the masses want (need?) to live remain, incredibly to GT and many others, buoyant.
As for GT and whether he should apologize for being wrong 8 years in a row, whatever. Certainly, he is not entitled to quite as big a swagger as he would if it popped in 2010.
What's really interesting to note is how he has, for at least a good year now, stopped alluding to his famous Caledon "bunker" and his brawny, hairy-legged entourage of presumably libidinous "Amazons" that prompt Dorothy to sleep with one eye open. A commenter above referred to Garth as an end-of-the-world type, a prepper/doomer/survivalist, etc., and I think that legit crit started to become a pea under his intellectual pillow, so he kicked the Amazons out and sold the bunker.
And for the record, I'm with Garth. There's a ton of CMHC-insured leverage out there, with much of it higher than 5:1, or subprime. When the tide finally does go out, we'll see who's wearing what...
