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.
These Debt & Rent Slaves Get Blamed for the Lousy Economy by Wolf Richter • Oct 10, 2016 • 167 Comments The Millennials, the Bitter Irony!
UBS: Liar Loans Surge in Australia’s Housing Bubble, Pose Risk to Big Four Banks, “Financial Stability” by Wolf Richter • Oct 7, 2016 • 53 Comments “Misrepresentation is systemic.”
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.”
Owners at “Leaning Tower of San Francisco” Knock Condo Values to Zero by Wolf Richter • Oct 4, 2016 • 68 Comments “Values could climb in subsequent years if the building is repairable.”
App-Maker Unicorn Tries to “Disrupt” Residential Real Estate by Melissa Terzis • Oct 3, 2016 • 33 Comments The idea didn’t include anyone in real estate.
Rents Sink in San Francisco, New York. “Mixed” Nationally by Wolf Richter • Sep 30, 2016 • 90 Comments The supply of rental units on the market is ballooning.
In Miami Condo Glut, Preconstruction Resale Market Freezes up by Wolf Richter • Sep 25, 2016 • 26 Comments Over 7 years of supply.
Canadian Housing Bubble, Debt Stir Financial Crisis Fears by Wolf Richter • Sep 23, 2016 • 82 Comments Their bone-chilling chart.