Desperation Invades Vancouver Housing Bubble, as Hot Money Still Pumps up Toronto, Hype Overflows by Wolf Richter • Feb 5, 2017 • 43 Comments In Toronto, “home ownership continues to be a great investment,” which is what they said about Vancouver a year ago.
These are the Countries with the Biggest Debt Slaves, and Americans Are Only in 10th place by Wolf Richter • Jan 22, 2017 • 137 Comments So who the heck are the Really Great Ones?
Canada’s Goods Producing Sector Caves by Wolf Richter • Dec 23, 2016 • 70 Comments Exports, particularly to the US get blamed, despite the crushed loonie.
Currency Armageddon? A Word about the Hated Dollar by Wolf Richter • Dec 15, 2016 • 69 Comments The “death of the dollar” will have to be rescheduled.
Vancouver Housing Market Freezes Up, Sales Crash, Prices Sag, For-Sale Signs Proliferate by Wolf Richter • Dec 2, 2016 • 90 Comments “Entire Swaths of our neighborhood are covered with For-Sale signs”: photos by our boots-on-the-ground Angela Johnson.
What Happens “If the Boom Ends with a Bang?” by Wolf Richter • Nov 28, 2016 • 63 Comments OECD frets about Canada’s House Price Bubble and its consequences.
Tiny Region of Wallonia in Small Country of Belgium Trips up Global Corporatocracy by Don Quijones • Oct 22, 2016 • 85 Comments “Thinly veiled threats” from corporations.
Shadow Banks, No-Down-Payment Subprime Mortgages in Canada’s House Price Bubble by Angela Johnson • Oct 18, 2016 • 65 Comments “I don’t believe we are going to have a major, major collapse in housing.”
There’s No Plateau in a Housing Bubble, Not Even in Canada by Wolf Richter • Oct 13, 2016 • 62 Comments Vancouver in turmoil, Toronto spikes.
Vancouver Housing Bubble Bursts, Hot Money Flees to Toronto by Angela Johnson • Oct 5, 2016 • 29 Comments “The housing market in East Vancouver has collapsed. No bidding wars.”