Tag Archives: mortgage debt

Is a Canadian first time home buyer’s strike in the works?

RBC releases first time home buyer survey As Australia wrestles with a housing bubble that dwarfs our own,¬†home buyers in Australia have wisely clued in to the dangers of buying at such inflated prices and have been busy organizing a … Continue reading

Posted in Real Estate | Tagged , , , , , | 37 Comments

What are the implications?

I’m working on a neat series looking at the historical percentage of GDP derived from residential construction in different provinces and connecting that to the change in the percentage of the workforce employed in construction over time. It might give … Continue reading

Posted in Real Estate | Tagged , , , | 16 Comments

So much for the ‘conservative’ Canadian consumer: Another look at Canada’s credit bubble

The ‘conservative’ Canadian consumer has been often cited as one of the primary reasons for Canada’s miraculous escape from the depths of the Great Recession.¬† In fact, earlier this week, the deputy governor of the Bank of Canada attributed our … Continue reading

Posted in Economy, Real Estate | Tagged , , , , , , , , | 45 Comments