Conservatives alledged Liberals aren’t liberal, sorry, undemocratic. Out of curiousity, we wonder if democracy is related to real estate? Or perhaps public housing? Does the following message provide any clue for thought as far as the hotter than hot housing market is concerned? Message from the Conservatives … “Making a mockery of our democracy What […]
Housing Bubble – Big Freeze, Big Rip or Big Crunch?
Architecture Of The Day Ribbon Chapel. Onomichi, Japan Predicting the Housing Bubble is in a way very similar to predicting how our Universe will end. According to theoretical physicists the Universe could end between 2.8 billion and 22 billion years from now, but they can’t agree on its ultimate fate … How will the Universe end: Big Freeze, […]
Liberals managed to slay the nasty housing Fire Dragon
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 […]
No, Stephen Poloz will not mess with the housing bubble
Toronto’s housing bubble is not Stephen Poloz’s problem refers. A weaker economy would necessitate low interest rates, which in turn fuel financial imbalances. That’s where the central bank is today — unable to keep inflation at the 2 percent target over the past two years in an economy it says still has plenty of slack. […]
City Billing Scandal – Toronto billed 44,000 homowners extra $87 millions for property taxes
Homeowners awoke to find they’d had double their normal property taxes withdrawn CBC.ca Some Torontonians awoke to a nasty surprise Wednesday morning — the city had taken an extra $87-million in property taxes from homeowners’ accounts. More than 44,000 property owners were affected by the mistake, which double-billed those who signed up for the city’s twice-yearly and bi-monthly […]
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 […]