There are many misunderstandings of the years-long Canadian housing bubble. This video does a good job breaking down the looming bust and what it could mean to our economy.
Tag: bubble
Will Canada’s housing bubble burst?
Home ownership is at the centre of many Canadians’ financial retirement plans. That’s especially true for baby boomers who are sitting snugly atop a nice wave of real estate inflation. In fact, the average price of a detached home in Canada has doubled since 2000, and in September was sitting at $331,000. Of course that […]
Financial Bubble Still Here with Yet More to Unravel?
Is there such a thing as a secular financial bubble? Has the financial sector become bloated out of proportion to the economy over the last few decades and is there be a contraction in store, abrupt or prolonged, back to a smaller financial sector? Was the crisis of 2008 merely the start? I’m not sure […]