Author Archives: Danielle Park

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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Canadian banks bracing for mortgage renewal stress

About that Canadian debt renewal cliff… Canada’s Big Six banks are adding billions of dollars to their emergency funds as mortgage renewals approach for more than three quarters of homeowners. Andrew Chang explains why the banks are preparing for more … Continue reading

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