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Monthly Archives: May 2019
BC govt: ‘money laundered in BC more than anyone predicted’
An expert panel looking into money laundering in B.C.’s real estate market has found an estimated $5 billion in “dirty money” was laundered through the province’s housing market in 2018 alone. This has helped to inflate property prices beyond the … Continue reading
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Less is the new more in the sharing economy
Two decades of flat income growth and excessive inflation in shelter and education costs have helped bury adults age 18 to 40 with more debt than any generation before them. At the same time, 44% of those aged 60 to … Continue reading
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The credit cycle is running its course–plan for it
In the first two credit-tightening cycles of the last 27 years, the US central bank hiked its base interest rate 108% from August 1992 to May 2000 (3 to 6.5), and 425% from June 2003 to June 2006 (1 to … Continue reading
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