Daily Archives: November 3, 2010

”What they really signed up for was the hard servitude of debt serfdom”

From ‘The New Road to Serfdom’ by Michael Hudson, 2006.  This was written at a time when sales were crumbling, listings rising, and home prices were just starting to show weakness.  Sound familiar? ”With the real estate boom, the great … Continue reading

Posted in Real Estate, Social trends | Tagged , , , , , , | 1 Comment

A quick tour through the board stats- October 2010

By now many of the big real estate boards have reported their October numbers.  Ottawa, Winnipeg, and Montreal being the notable exceptions as well as the national board, CREA.  Let’s take a quick tour across the country from west to … Continue reading

Posted in Monthly real estate board stats, Real Estate | Tagged , , , , , , , , , , , , | 3 Comments

Suggested reading

Yesterday I mentioned that my view on the sustainability of our debt-based economy in general, and real estate in particular has largely been shaped by a handful of books.  I’ve received quite a few emails asking me for the titles … Continue reading

Posted in General investing, Social trends | Tagged , , , , , , , , , , , , , , | 2 Comments