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Category Archives: Social trends
Predictions and discussion on the changing nature of societal norms: frugality, savings, social unrest, austerity, etc.
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 →
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 →
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 →
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 →
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 →
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 →
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 →