Listen men, It is ok if you fell that buying is not the best option for you, but there is no need to **** in everyone else that decided their best option is to buy.
I wasn't comparing the States with Canada, you did so I was just providing some context to the very vague and misleading comment you made implying that what happened in the US will happen here, unless you see the future there is no way for you to know.
Most people I KNOW have made smart decisions with their money in regards to mortgages, the ones that normally don't make good decisions can not afford to purchase anyways because they suck with money and are stuck renting and being told what they can or can not park on their parking spots
Take it easy, don't want to buy? don't.