Author Archives: Danielle Park

Rosenberg updates on economic cycle

This interview offers a lucid top-down review of economic trends and asset markets. Here is a direct video link. As I explained here, I do not share the faith that immigration should prevent Canadian home prices from declining by more … Continue reading

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Canadian home prices moving lower for math reasons

It is wildly unpopular to say this, but Canadian home prices need to move much lower. And yes, I, too, stand to lose net worth as they do. Immigration is unlikely to prevent mean reversion here. Immigrants need places to … Continue reading

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Leveraged gambling ends badly, as usual

The lure of easy money delivers time-worn outcomes, once again. See how Real estate investors are wiped out in bets fuelled by Wall Street loans: Lynn Nathe was growing tired of the meager gains from her family’s retirement account. In … Continue reading

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