Even “Second-Time Buyers” can’t afford to buy without help from mom & dad.
But prices in Vancouver and Toronto to continue rising “over the next few months.”
Layoffs and the collapse of oil exact their pound of flesh.
What little strength exists in the labor market comes from two unsustainable sources.
Just when oil collapsed, housing stumbled, and layoffs began.
Gravity inconveniently inserts itself into a phenomenal boom.
The great white short (2nd time around)
The floodgates opened in December.
What ratings agency Fitch and the Bank of Canada had warned about has come to pass.
The “spillover effects” of overbroad anti-terror legislation.