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Monthly Archives: July 2016
High debt and high realty prices: an Italian study
This story is a cautionary tale of how romantic ideas go bust on the rocks of too much borrowed money, and the high realty prices it enables. See: How a Tuscan business dream became and Italian bad loan nightmare. Footnote: … Continue reading
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Hillary Clinton’s war on Wall Street?
I am skeptical in general of both parties and their commitment to make needed reforms to status quo rules. Talk is cheap and lobbyists and big business money runs deep. More than 40 years in politics, the Clintons have a … Continue reading
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Ontario needs to enact foreigner buyer tax too
B.C.’s government surprised many observers on Monday by announcing an additional 15 per cent property transfer tax on foreign homebuyers. BMO Capital Markets Chief Economist Doug Porter called the move “entirely justified” amid persistent double-digit home-price gains in the province. … Continue reading
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