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He insists he has no interest in betting broadly against the Canadian economy, or trying to short the big banks. Cohodes wants to disabuse Bay Street of that notion. housing market looked like before the subprime meltdown, ignoring the obvious differences in our banks, financial regulations and mortgage default rates. investors who bet against Canadian real estate is that they erroneously consider Canada to be a smaller version of what the U.S. The most common criticism of American U.S. He has made several trips to Canada's largest cities in the past year, walking the streets early in the morning to count the number of lights on in newly built housing as a way to gauge occupancy rates. While he no longer runs a hedge fund, he is actively making short bets with his own money. In the past month, he has given several interviews, recently calling Vancouver's booming real estate market "a mix of money laundering, speculation low interest rates." Cohodes suddenly emerged as one of the most vocal critics of Canada's housing market. He quit the business in 2008 after his fund was hit with steep losses in the market turmoil of the financial meltdown and retired from the spotlight, granting few interviews in the ensuing years. At its height, Copper River Management, previously called Rocker Partners, managed more than $1.5-billion in assets and did battle with companies like America Online, Krispy Kreme and online discount retailer. hedge funds specializing in short selling. Cohodes, 55, used to run one of the biggest U.S. He raises 500 chickens, selling the eggs for $13 (U.S.) a dozen in San Francisco. He lives on a farm in Sonoma County, Calif., with his wife and 28-year-old son, who has cerebral palsy. Marc Cohodes is not a typical Canadian housing bear.