This graphic from the Globe on Saturday summarized nicely another side to the realty madness in Canada. The ranks of realtors nationally is up just under 27% since 2008, with a staggering 77.8% more agents in the Toronto area. One thing for sure, 8 years of credit gorging, bidding wars and leaping prices do not make these folks investment experts, yet many buyers are following their advice. Like bugs to a zapper in summer.
Cory’s Chart Corner
“An explosive critique about the investment industry: provocative and well worth reading.”
“Juggling Dynamite, #1 pick for best new books about money and markets.”
“Park manages to not only explain finances well for the average person, she also manages to entertain and educate, while cutting through the clutter of information she knows every investor faces.”