Canada’s economy is now particularly vulnerable as the housing bubble mean-reverts the ‘wealth effect’ (they always do), and we have fewer income-generating businesses and technologies to help lower ...
Main St. versus Wall St., consumer versus speculator. The Ponzi continues until some kid says, 'the Emperor has no clothes'. Sadly, the reversion to the mean will hurt many of those who simply can't ...
New property listings leapt 11% nationwide from December to January, the largest monthly increase in almost two years.
Despite a 200 basis point drop in the Bank of Canada’s overnight rate, Canadian mortgage rates have more than doubled from ...
“Looking ahead, we expect consumer insolvencies in Canada to rise by 20–30% in 2025, driven by rising unemployment, record-high credit card debt, financial stress from elevated mortgage renewal rates, ...
Bubbles may seem fun on the way up, but they’re universally brutal in the inevitable deflation stage. China’s stimulus boom ...
Big Wall Street investors like Blackstone and Amerst Holdings have lowered their purchases of homes, and haves started to sell off properties. Here is a direct video link.