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 […]
Down: Home Affordability, Up: Interest Rate & Toronto Population, Solution: Laneway Housing?
Already nearly half of the folk surveyed feel they can’t afford a home, Upper, middle and low-income Canadians worried about housing prices: poll A new poll found about half of respondents who consider themselves poor or working class believe that the cost of local housing is beyond their means. The rate was 38 per cent […]
Why Warren Buffett’s investment DOESN’T mean Home Capital is Okay
Or for the matter, the reals estate industry as a whole. Canadian real estate players are always on the lookout for just about any excuse why you should continue to purchase properties. As witnessed today, just because Warren Buffett bought into Home Capital, everyone in the real estate business were quick to interpret that as a […]
Tracking dirty money, show me the laundered money
Yep, tracking dirty money, and show me the laundered money … First thing first, Architecture Porn Mirrored ceiling makes this bookstore appear infinite in Hangzhou, China According Global News, Canada’s doors are ‘wide open’ for criminals to launder money in real estate Give us your criminal, your corrupt, your anonymous masses. Canada is sending to the […]
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. […]