CBC asks if the housing bubble will pop as a result of tightened capital controls? Will China’s tightened capital controls pop the housing bubble? China imposes further restrictions to control capital flowing out of the country This month, the limit on foreign currency transactions in China was lowered to $9,000 to increase scrutiny on investment money flowing out […]
Bubbleology – The new religion of 2/3 Canadians who believe Housing Bubble is Real
Apparently as many as 2/3 Canadians have converted to a new religion known as “Bubbleology”. To the faithful Bubbleologists, Housing Bubble is the mighty Devil and his coming is imminent. Because certain unscrupulous profiteers have provoked the wrath of the Lord. However, Housing Bubble is no Armageddon, it’s not the end of the world yet. It’s just that there […]
Doomsayers: Canada’s housing market on the brink of severe downturn
Is the real estate market going down or going up? According to BNN and Business Insider, the Canadian housing market is on the brink of collapse. Canada’s housing market on the brink of ‘severe downturn,’ warns Capital Economics The hot housing markets in Vancouver and Toronto appear to be on the verge of a severe […]
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. […]