Tag Archives: Flaherty

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

Why a ‘rush to buy’ is completely irrational

I was going to write a post on this, but John beat me to it when he made a great comment in the comment section of yesterday’s post.  We’ll get to that in a minute, but here’s the quote that … Continue reading

Posted in Real Estate | Tagged , , , , | 15 Comments

More on the mortgage rule changes…

The announced mortgage rule change has generated a great deal of coverage in the media and general interest among the public.  Yesterday was the busiest day this blog has ever seen, with a huge influx of new readers who stumbled … Continue reading

Posted in Real Estate | Tagged , , , , , , , , | 14 Comments

Flaherty tightens mortgage rules

Flaherty tightens mortgage rules again The tightening of mortgage rules that was expected in the next budget arrived ahead of schedule.  Jim Flaherty, Minister of Finance, today  announced three changes to mortgage insurance rules which will come in to effect … Continue reading

Posted in Real Estate | Tagged , , , , , , , , , , | 29 Comments

Flaherty wrong again; ‘Head scratcher’ inflation reading

Once again Mr. Flaherty has stuck his neck out on what will be recognized as one of his great prognostications: No signs of Canadian housing bubble: Flaherty “The evidence is not there that Canada has a housing bubble. In fact, … Continue reading

Posted in Economy, Real Estate | Tagged , , , , | 10 Comments

Tough decisions for Canada; Shilling sees deflation in US

Tough decisions for Canada Could it be that our Progressive Conservatives are actually returning to their roots?  After running the largest peace-time deficit in history, the Harper government is now actively trying to prepare Canadians for the difficult fiscal times … Continue reading

Posted in Economy, Social trends | Tagged , , , , , , , , , , | 1 Comment