“My daughter and her husband, both in high paying professional jobs with a baby on the way are being lured with the siren of home ownership in the Vancouver area,” Jessica writes me. “I know, I know.
The main reason is the lack of technology in the TSX (6% weight in the TSX versus the S&P 500 at 31%) and its large commodity ...
A common saying in finance is that “markets take the stairs up and the elevator down”, meaning that advances are typically ...
That’s the other shoe dropping. Yesterday the first hit the floor as Ottawa desperately unveiled 30-year mortgages and a ...
Numbers released this week by CREA confirm what we can all see. House sales are languishing and buyers are balking, despite ...
Today the Fed cut its rate for the first time in four years. Half a point. Big deal. It’s the CB that runs the planet. This means the Wicked Witch of Tightening is kaput. For the next year (at least) ...
Affordability is terrible. The cost of properties has not dropped meaningfully, and a large swath of buyers has been removed from the game. Many of them, permanently. Sales volumes will increase as ...
According to the American Economic Association, 60% of us pick option 1), indicating that most of us prefer instant gratification. It’s human nature, it seems, to prefer happiness today versus ...
The Vix spiked a little and stocks lost a chunk as Wall Streer stressed about Debate Night. The consensus is Trump has little to lose or gain. Everybody knows he’s weird. Nothing new. Move along.