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Monthly Archives: March 2022
Better Dwelling: Nope, we are still not running out of land
Better Dwelling co-founder and housing analyst Stephen Punwasi offers an archival antidote to the “running out of land” mania now dominating the consensus view. Headlines from past Canadian housing bubbles since the 1930s confirm that this baseless sales pitch has … Continue reading
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Mortgage math matters
The Bank of Canada is now expected to hike the base interest rate by .50% at its next several meetings toward 2.5% by year-end. The bond market has sold off sharply to price in these aspirations, so fixed mortgage rates … Continue reading
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When “guaranteed returns” are everything but
The free-for-all of asset bubbles builds a world of hurt for would-be “investors” who neglect math and due diligence work. Old lessons are ripe for relearning here. See: Real estate company collapses, 500 homes affected, $10m from investors across Canada missing. … Continue reading
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