Vancouver Housing Bust Steepens, Bank of Canada Welcomes “Froth” Coming Off by Wolf Richter • May 6, 2019 • 46 Comments “It is their interaction with froth that matters most. How much a housing market adjusts depends on how much froth there is”: Poloz
How a Little Money Laundering Can Have a Big Impact on Real Estate Prices by Stephen Punwasi • Apr 24, 2019 • 43 Comments Money laundering in Canadian real estate is a widely accepted fact of life these days, but the impact isn’t.
The Most Splendid Housing Bubbles in Canada Deflate by Wolf Richter • Apr 12, 2019 • 109 Comments How do they measure up against the most splendid housing bubbles in the USA? Oops!
Update on the Deepening Housing Bust in Vancouver, Canada by Wolf Richter • Apr 6, 2019 • 71 Comments Market for houses freezes up. House & condo prices drop. High end hit the hardest.
Billions in Toronto Real Estate Bought Anonymously, with Funds of Unknown Origin by Stephen Punwasi • Mar 21, 2019 • 52 Comments Looking to launder some cash?
The Most Splendid Housing Bubbles in Canada Deflate by Wolf Richter • Mar 14, 2019 • 127 Comments How do they stack up against the most splendid housing bubble in America? Holy cow!
State of the World’s Biggest Debt Slaves: Americans Wimp Out in 11th Place by Wolf Richter • Mar 9, 2019 • 131 Comments And where do Chinese consumers fit in?
Good Lordy, What a Banner Year 2018 was for China, Other Countries, and Corporate America by Wolf Richter • Mar 6, 2019 • 101 Comments Trade goes out-of-whack as Corporate America searches for cheap labor & tax benefits.
THE WOLF STREET REPORT by Wolf Richter • Mar 3, 2019 • 75 Comments Another Global Financial Crisis, with China at the Epicenter?
Consequences of “Leaving Interest Rates Very Low for a Long Time”: Bank of Canada Governor Poloz by Steve Saretsky • Feb 25, 2019 • 40 Comments A litany of problems, from too much debt to deflating housing bubbles in Vancouver and Toronto.