Peer Lending Thoughts

I saw an article that made me wonder about all the hype about peer lending that went on a while back. Apparently it has still yet to happen in Canada. I wonder when it'll materialize. I also wonder what will be deemed an acceptable interest rate for the highest credit score people. RioCan recently issued $180M of debt at 8.33%. I'm thinking that the average person is probably a higher default risk. Will people with good credit take 10%, 12% or more? I can hardly wait to see.