Canada, Australia, New Zealand, and the UK are seeing households borrow record levels of debt to keep up with local real estate prices.
Commonwealth Real Estate Bubble Sends Debts To Dizzying Heights
Stagnating Incomes May Be Driving A Commonwealth Real Estate Bubble
Canada, New Zealand, Australia, and the UK might have a real estate bubble driven by income rising at half the rate of real estate.
Canada’s Not Alone, There’s A Commonwealth Real Estate Bubble
The whole Commonwealth realm is suffering from a real estate bubble – as Canada, Australia, New Zealand, and the UK see home prices soar.
The True Cost of Having A Royal Family: Pricing Our Monarchy
To kick off Will and Kate’s royal tour of Canada, we break down just how much the Monarchy costs countries in the Commonwealth.
Offshore Leak Names Canada’s Finance Minister Bill Morneau
Is it weird that Canada’s Finance Minister Bill Morneau is/was director at an offshore company? Nah, he’s only in charge of regulating banks.
Liberals Listen Only To Campaign Donors Says NDP Housing Critic Eby
Vancouver real estate prices are quickly soaring, and NDP housing critic David Eby believes the current government is to blame.
Foreign Buying To Accelerate If China’s Stock Market Crashes: Juwai
Chinese buyers will seek Canadian real estate in the event of further stock market volatility in China, says a survey from Juwai.com
Luxury Real Estate In Toronto Selling For A Loss At Sotheby’s
Two major sales in Toronto real estate may have sold below cost. These may be the first signs of luxury buyer exhaustion.
Canada’s Household Debt Is Now Greater Than The Country’s Output
Consumer debt liabilities exceeded Canada’s GDP for the first time last quarter, threatening not just the housing market but the economy.
Canada Fails To Commit To New Anti-Corruption Measures, Real Estate Soars
Fraud is a major factor in soaring Canadian real estate prices, and a new report shows our Government isn’t interested in stopping it.