While house prices are soaring, so is unemployment.
What can we make up of such a scenario?
Can we assume real estate market has nothing to do with economy in reality? Else, how do you explain house prices still going up when more and more people are getting unemployed?
On the rise in Hamilton: housing prices & unemployment
And renters will soon have to live in tents …
Rental bidding wars hitting Vancouver’s rental market
Image Source
CTV News–Jul 16, 2016
Or maybe try living on water … But is this a viable alternative during Canadian harsh winter?
“Condo of the Week: $590,000: floating house in Scarborough” https://t.co/5CMW2qyURT
— J Lynn Fraser (@JLynnFraser1) July 16, 2016
Meanwhile, plenty of Crazy Horse Shows in Canadian real estate … Canadian Real Estate Crazy Horse Show
Crazy house flipping and speculation in #Vancouver #unbelievable! It’s going to be a mess when the music stops https://t.co/I9scUrqzyY
— Frank S (@NVPrairieBoy) July 16, 2016
Is dirty money big business in Vancouver? Financial crime expert Kim Marsh joins Jon McComb
Why have politicians been so lax to control foreign investment? @UBC prof David Ley joins Jon McComb https://t.co/QauKjgWAyY #VanRE
— John O’Dowd (@John980AM) July 15, 2016
ICYMI: Could China Help Slow Foreign Investment in Vancouver? @robertlevybgc chats to @jonmccomb980 https://t.co/zrcagUOIZK
— John O’Dowd (@John980AM) July 15, 2016
Deception, Fraud, Scam …
Vancouver real estate agent’s deception prompts debate on ‘double ending’
Even Donald Trump is a part of show …
Donald Trump and Kids Named in $250M Tax Scam
Whaddaya Say?