Category Archives: Social trends

Predictions and discussion on the changing nature of societal norms: frugality, savings, social unrest, austerity, etc.

CIBC on the housing and the Canadian Consumer; Bank of Canada speech; Other noteworthy news stories

CIBC on housing and the Canadian consumer Just a week after Scotia Economics released a report suggesting that Canadian consumers are “tapped out”, CIBC economics has released an interesting report that contains some similar themes. Some highlights: This suggests that … Continue reading

Posted in Economy, Real Estate, Social trends | Tagged , , , , , , , , | 25 Comments

God forbid they’d actually have to save…

How to buy your kids a house This is the title of an article in the Financial Post from this weekend.  Chalk this one up to a sign of the times. Many Baby Boomers have paid-for homes, while their grown … Continue reading

Posted in Economy, Social trends | Tagged , , | 22 Comments

Lessons in mass psychology courtesy of the RBC housing survey….Does it also point to a potential buyer drought later in 2011?

Glimpses into mass psychology RBC released a housing survey yesterday.  It is full of mostly useless information, but there were a few tidbits that jumped out at me. First of all, the survey notes that 90% of Canadians still feel … Continue reading

Posted in Real Estate, Social trends | Tagged , , , , , , , , , , , | 17 Comments

Should everyone rent? When does it make sense to buy? A closer look at the price/rent ratio…

These are great questions.  I receive a couple emails each week from people looking for advice on this topic.  Some are potential first time buyers, but many are existing home owners.  My advice to those people may surprise my readers … Continue reading

Posted in Real Estate, Social trends | Tagged , , , , , , , , , , , | 25 Comments

Revisiting predictions: Commodities still hanging tough, public sector unions under fire, European debt crisis intensifies, interest rate predictions

Revisiting predictions Now two full months into the new year, it’s worth stopping for a moment and taking stock of how things are shaping up.  You’ll recall that I made some predictions for 2011 back at the beginning of January.  … Continue reading

Posted in Economy, Social trends | Tagged , , , , , , , , , , , , , , , , , , , | 7 Comments

Why falling house prices will pull at employment (not the other way around)

Why a housing downturn would hurt employment This is a topic I discuss often on this lowly blog.  It’s a source of confusion for many people as most see employment as buoying house prices, not the other way around.  I … Continue reading

Posted in Economy, Real Estate, Social trends | Tagged , , , , , , , , , , , | 11 Comments

BMO weighs in on troubling RSP trends and public sector unions

Canadian GDP was rocking in Q4, though I would like to dig below the surface at some underlying trends.  I’ll hopefully get to that tomorrow.  In the meantime, the two must-reads of the day come courtesy of BMO: 1)  Troubling … Continue reading

Posted in Economy, Social trends | Tagged , , , , , , , , , , , | 20 Comments