Trade agreements are designed to benefit companies, not people – which is part of the problem.
The “waterbed effect” of money flows.
Average price of single-family house plunges 13%, or C$160,000 from peak. Sales of homes priced over C$1.5 million collapse by 63%. Condos still hanging on.
Canada has been taken for a ride by Kinder Morgan.
The Price of Easy Money, Low Interest Rates, and Debt Bubbles: Wolf Richter with Jim Goddard on This Week in Money.
These Canadians are in a “highly vulnerable” position.
Market freezes up at the top. Average price of detached house plunges C$175,000 in 12 months.
Canadians’ personal debt against their homes tapering? That would be ridiculous!
The magnificent house price bubble wheezes.
Big Six Banks’ out-of-control “Mobile Mortgage Specialists” on commission.