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Category Archives: Main Page
Realty insiders blame tighter lending not too high prices and debt
Nationally, Canadian home sales were down 19% year-over-year in December and the average sale price -4.9%. Unsurprisingly, rather than acknowledge that a cyclical downturn is the natural product of unsustainably high home prices and household debt levels, the Canadian Real … Continue reading
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Putting democracy back in political candidate financing
Whatever one’s political affiliation, a movement away from the capture of corporate PACs is a positive development for democracy. The internet has put information and influence back in the hands of individuals, for better and for worse. WSJ’s Gerald F. … Continue reading
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High-end property inventories leaping
It is typical of dramatic price appreciation cycles, for people to believe that those with the means to buy expensive assets are somehow impervious to credit cycles, and will continue to buy and not sell, regardless of stresses that may … Continue reading
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