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Bookmarks & Original Articles from the Automotive, Travel, Legal and Real Estate Markets
Credit Crisis
The other CA bubble – Canadian housing bubble ripe for popping. Vancouver real estate increased by 142 percent from 2002 to 2011. Average detached home in Vancouver costs roughly $1 million while the median household makes $67,000 per year.
In the last few years I’ve noticed that many of the cable finance and housing shows highlight families in Canada. Shows that talk about debt or home buyers are usually focused on families in Canada which is rather odd given that we are here in Sout…
Trifecta of keeping the housing bubble inflated in pocket markets –Senate votes to reinstate big loan limits, pushes visas for wealthy foreign home buyers, and artificially slams rates lower to hammer savers.
It should be abundantly clear and obvious that the government and Wall Street want nothing more than to keep home prices inflated and are sticking out a giant middle finger to the majority of Americans. You might have missed the glorious news that ou…
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