At the rate things are going, expect Liberals to reign supreme for another term. Why? Because Liberals slayed the nasty Fire Breathing Housing Dragon. For real? It’s not a fake news, except we have no idea if the dragon is dead or merely injured? Regardless, even the fire dragon has been administered with only temporary […]
Real Estate – Fake News and False Stories
Donald Trump is right about “Fake News”. There are fake news, and there are false stories. It’s time we seek alternative news. alternative views. Here are couple of “fake news”: – CMHC insurance volumes plunged 41% after mortgage rules tightened Canada’s housing agency saw a sharp decline in the number of home buyers who qualified for […]
Canadian Real Estate Midlife Crisis
Looks like Canadian real estate is going through a midlife crisis? Perhaps much more severe and complicated than that mere midlife crisis per se. First, we see home price hotter than hot still … Average Canadian house worth $559317 last month, up 10% in past year – Canadian house prices continue to march higher, with the […]
Canadian interest rates are the lowest in 5,000 years
While folk are debating solutions for our problems, blaming foreign money and our immigration programs as the main culprits such as this article – Toronto, don’t let Vancouver’s housing crisis become yours. Whereby Josh Gordon, an assistant professor at the Simon Fraser University School of Public Policy writes about (and invited a lot of heated arguments): – Concern about foreign […]
Nouveau Silk Road: From Middle Kingdom to The Great White North
Jonathan Manthorpe believes there is a direct line linking the explosive real estate bubbles in Toronto and Vancouver and how secure Chinese President Xi Jinping looks on his throne. How China’s Politics Messing Up Canadian Real Estate Markets The evidence — the vast amount of money being spirited out of China by relatives, friends and cronies of […]
Affordability Complaints resulted in Real Estate Clampdown & Housing Crash Drills
As a result of damning allegations such as this, How Foreign Investors Are Using Drug Cartel Tactics in the Canadian Real Estate Market VICE – Jul 25, 2016 Canada’s freakshow real estate market has been drawing a lot of international attention as of late. A few weeks back I talked to an infamous Wall Street short seller who is […]