Tag Archive for housing bubble

A lesson from the bar

What do people talk about in a bar? Beer, sport, friends, easy ways of making money… Well, this story is quite entertaining. An young man and his uncle sit at a karaoke bar somewhere in China and talk about the…

Vancouver’s cheapest house sold

According to the Huffington Post B.C., Vancouver’s cheapest listed single family home attracted large numbers to open houses, with two written offers pushing the final purchase price seven per cent over asking. Bidding wars are back. Is this a sign…

Stock Markets: In a Good Mood

It’s hard to believe, but one can’t argue with the facts. Stock markets have been relentless in their advance. The Dow Jones Industrial index is up 23% so far this year, NASDAQ, tracking the technology companies, is up 34%. It…

Condo: Is it your cup of tea?

Twenty years ago condos did not have the same appeal as they have now. Modern design and sleek marketing campaigns are pushing condos these days as the ultimate choice for young professionals and retired couples. After all, there is certain…

Sell Canada, Buy Japan

Everyone is an expert these days. Just mention “housing” and you will hear all kinds of forecasts and wild prognosis. It will go up, it will go down, it will stay flat… You will hear countless of variations. There are,…