by David Haggith As we enter 2017, housing bubbles are showing signs of bursting all over the world. I know I’ve been promising I would lay out the economic headwinds for 2017, but 2017’s headwinds are building so fast and furious that I’m having to break …
Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter To delay falling into a fiscal and financial sinkhole. “Let’s drop the pretense. The Toronto housing market and the many cities surrounding it are in a housing bubble,” Bank of Montreal (BMO) Chief Economist Doug Porter …
by Victor Mozambigue A year ago, housing was the safest investment in Vancouver. The investment outlook was positive. People were ready to shell out money in the sector too. However, 12 months down the line, the housing bubble of Vancouver …
by Umar Farooq There is a talk at the FED about the unwinding of its grand monetary policy experiment. The knock-on effects of this experiment in the bond market could pose a threat to the U.S. housing recovery. A number …
https://www.youtube.com/watch?v=yOBeAeQVfgs We check out the Real Estate taxes across the country at various price points for homes, and it is obvious that local and state governments have a spending problem that they expect home owners to fund through these revenue …
by Bob Stokes https://youtu.be/TB-VIvx0q2w [Editor’s Note: The text version of the story is below.] The convergence of the internet, faster computers and a rip-roaring bull market gave rise to the 1990s stock market day-trading phenomenon. It was all about the …