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Tag: Affordability

Canada

Bank of Canada Wants A Housing Bubble, While Other Central Banks Try To Pop Them

March 9, 2021

Central banks are flooding economies with cheap credit, and trying to prevent bubbles. Well, some countries are trying to prevent bubbles. Canada has decided home price inflation is an uncontrollable consequence of the environment. In fact, the country’s central bank welcomed the rapid home price growth as “needed.” That’s not normal. Not by a long […]

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Canada

Big Six Bank: Canadian Real Estate Affordability Worsens For The Longest Run In Decades

Big Six Bank - Canadian Real Estate Affordability Worsens For The Longest Run In Decades
November 14, 2017

It now takes up to 30 years to save a downpayment for Canadian real estate, and National Bank of Canada is sounding the alarm.

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Canada

Bank of Canada Believes Housing Is Still Pretty Cheap…Seriously

Bank of Canada Believes Housing Is Still Pretty Cheap...Seriously
June 22, 2017

Could have fooled us, but the Bank of Canada’s housing affordability index shows Canadian real estate is affordable.

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