The $6.6 Trillion Dollar Real Estate Bubble Brewing In The Commonwealth
Canada, Australia, New Zealand, and the UK are building a consumer debt bubble that dwarfs China, and it’s built around real estate.
Canada, Australia, New Zealand, and the UK are building a consumer debt bubble that dwarfs China, and it’s built around real estate.
Consumer debt levels in Canada, the UK, Australia, and New Zealand have surpassed the economic output of each of these countries.
Canada, Australia, New Zealand, and the UK are seeing households borrow record levels of debt to keep up with local real estate prices.
Canada, New Zealand, Australia, and the UK might have a real estate bubble driven by income rising at half the rate of real estate.
The whole Commonwealth realm is suffering from a real estate bubble – as Canada, Australia, New Zealand, and the UK see home prices soar.
To kick off Will and Kate’s royal tour of Canada, we break down just how much the Monarchy costs countries in the Commonwealth.
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.
Vancouver real estate prices are quickly soaring, and NDP housing critic David Eby believes the current government is to blame.
Chinese buyers will seek Canadian real estate in the event of further stock market volatility in China, says a survey from Juwai.com
Two major sales in Toronto real estate may have sold below cost. These may be the first signs of luxury buyer exhaustion.