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 […]
The Canadian home price bubble has just bursted
We didn’t say that. This what Khaleej Times say. And this also echoed by Seeking Alpha. Some folks tend to believe the local media are inclined to parrot what the local business/government wanted you to hear. It’s for this reason, opinion by foreigne experts are somewhat influential because it is assumed experts from abroad may see what […]
Canada Tops Indebtedness, Vancouver’s Costliest Listing, Cooling Measures Backfires, Bubble Coming Back
Real Estate Roundup Global News reported Canada is a celebrity when it come to debts, not only houldhold debts, but also commercial debts that is heavily skewed toward real estate. While the real estate is entering a tumultous era, Vancouver shows off her most expensive listing ever – $63 millions Belmont Estate, a 21,977 sf home […]
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, […]
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. […]