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Stephen Punwasi

Co-Founder and chief data nerd at Better Dwelling. Named a top influencer in finance and risk by Thomson-Reuters.

Canada

The Government of Canada Just Pointed Out The Mortgage Market Might Be A Cesspool

The Government of Canada Just Pointed Out The Mortgage Market Might Be A Cesspool
April 6, 2018

FCAC, a branch of the Government of Canada, thinks the banks have insufficient controls to monitor, identify, and mitigate risk in retail banking – with a special note on mobile mortgage specialists.

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Canada | China

You Can Now Buy US & Canadian Real Estate With Your Milk and Eggs… In China

You Can Now Buy US & Canadian Real Estate With Your Milk and Eggs… In China
March 29, 2018

Juwai is teaming up with JD.com to sling Australian, US, and Canadian real estate to Mainland Chinese buyers in just a few days.

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Canada

The Lauderdale Paradox, And Artificial Scarcity In Canadian Real Estate

The Lauderdale Paradox, And Artificial Scarcity In Canadian Real Estate
March 23, 2018

The value of Canadian real estate has been debated for some time. Those that benefit from ownership, often say “fundamental value” is sending prices higher. Further adding that the increase of home prices, results in an increase of wealth for the country. Housing activists say that real estate has become highly commoditized. They argue, escalating […]

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Toronto

Toronto Real Estate’s Newest Lie: Rent Controls Force Landlords To Lose Money

Toronto Real Estate’s Newest Lie: Rent Controls Force Landlords To Lose Money
March 21, 2018

The Toronto real estate scene appears to be grossly misinformed when it comes to rent controls. Since Ontario announced the Fair Housing Plan, real estate agents, developers, and even politicians have said the province is attacking landlords. You’ve probably heard someone on the news, or even a friend, discuss how the “unfair” the new Rental […]

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Global | New York

New York Gears Up To Crack Down On Speculators w/Quiet Addition To The Budget

New York Gears Up To Crack Down On Speculators with Quiet Addition To The Budget
March 15, 2018

New York City is getting an additional tool to crack down on real estate flippers. The new tool is just one of the few ways the city is letting speculators know they aren’t welcome.

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Canada

Canadian Real Estate Sales Have Dropped The Most Since The Great Recession

Canadian Real Estate Sales Have Dropped The Most Since The Great Recession
March 14, 2018

Canadian real estate has entered a down cycle, with price gains rapidly tapering and sales across the country falling the most since the Great Recession.

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Canada

Canadian Real Estate Debt Passed 76% of GDP, Here’s The New Problem We Have

Canadian Real Estate Debt Passed 76% of GDP, Here’s The New Problem We Have
March 9, 2018

Mortgage debt on residential Canadian real estate is now more than a third of the size of Canada’s GDP. Here’s the reason that’s an issue.

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Canada

There’s A S**t Ton of Canadian Real Estate Owned By “Corrupt African Leaders”

There’s A S**t Ton of Canadian Real Estate Owned By “Corrupt African Leaders”
March 8, 2018

French NGO, Sherpa, is alleging that millions of dollars in Canadian real estate bought by “corrupt African leaders” was obtained with questionable cash sources.

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Canada

Canada Didn’t Skip The Great Recession, We Delayed It. Here’s The Chart

Canada Didn’t Skip The Great Recession, It Delayed It. Here’s The Chart That Explains It
March 2, 2018

Canadians didn’t experience the Great Recession, not to the extent that the rest of the world did. Sure, we logged a few quarters of Gross Domestic Product (GDP) declines, but there aren’t all that many heartbreaking stories of loss in Canada. This is often credited to the shrewd moves the Bank of Canada made. Rather […]

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Canada | China

Canadian Real Estate Prices To Be Impacted By OSFI More Than Foreign Buying Taxes, Says Top Chinese CEO

Canadian Real Estate Prices To Be Impacted By OSFI More Than Foreign Buying Taxes, Says Top Chinese CEO
February 27, 2018

A top Chinese property executive thinks Canadian real estate prices will be impacted by stress testing buyers, more than foreign property taxes. She blames easy credit to absorb asset inflation, which it turns out the Bank of Canada has been saying for years.

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