Canada has lost the bragging rights to having some of the best cities in the world for livability. Economist Intelligence Unit (EIU) released their Global Liveability Index for 2021. New Zealand managed to claim the top spot, with Japan and Switzerland not too far behind. Canada dropped out of the Top 10 for the first […]
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 […]
New Zealand’s central bank will consider the impact of monetary policy on housing. Not just to preserve home prices either, but to consider affordability. The New Zealand Government‘s latest remit goes live on March 1. After which, the Reserve Bank of New Zealand (RBNZ) needs to explain regularly how it seeks to assist with affordability. […]
Due to my background, I’m invited to quite a few privileged conversations. One of those occurred a few months ago, when a Beijing-based money manager sent my office an email, and asked if I could meet him in Toronto for coffee. He was fairly vague, but said he just wanted to have a casual conversation […]
Love it or hate it, but don’t expect to see the flood of Mainland Chinese real estate buyers you saw this time last year.
China’s FX reserves hit a five month high, and real estate markets dependent on Mainland Chinese buyers are noticing the lack of spending.
Canada, Australia, New Zealand, and the UK are building a consumer debt bubble that dwarfs China, and it’s built around real estate.
To kick off Will and Kate’s royal tour of Canada, we break down just how much the Monarchy costs countries in the Commonwealth.