Author Archives: Danielle Park

‘High Beta Rich’ still borrowing big and blowing up

Robert Frank’s great book “The High Beta Rich” is required reading in understanding today’s economic challenges.  While first published in 2011, everything is pretty much exactly the same today.  All aided and abetted by investment banks tossing around tax-payer-sponsored central … Continue reading

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Credit-fueled speculation frenzy has hollowed out financial stability all over

Many factors have earned us a much deserved and necessary mean reversion in North American realty prices including: ludicrous pricing/record low affordability, flat wages, aging demographics, low investment yields, unsustainable levels of speculation, necessarily tougher mortgage lending standards and in … Continue reading

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Realty prices retreating in Ontario this summer

Speaking with some realtor friends the past week about the softening market this summer in Ontario. Sellers who need to move or downsize their costs are finally starting to reduce prices, but the realtors are complaining that many are so … Continue reading

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