A star investor in 'The Big Short' is betting against Canadian banks

Posted on Mar 22, 2019


Steve Eisman, who is the hedge-fund manager famous for betting against the US housing market ahead of the 2008 crash, is sounding the alarm on the Canadian market.

"I'm calling for a simple normalization of credit that hasn't happened in 20 years," Eisman said in an interview with the Financial Times. He did not indicate the size of his positions or...

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Why are hundreds of luxury Vancouver mansions being rented for cheap?

Posted on Mar 12, 2019



  • We all are aware that in Vancouver there are very high real estate prices which make ownership impossible for many people, yet suddenly, it's not too difficult to live like a king. 

A week ago, author and housing advocate Kishone Roy found approximately 800 Vancouver-area mansions for rent on Craigslist for prices well below what they would normally...

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Douglas Todd: Is B.C. immigration program a back door for millionaire house buyers?

Posted on Mar 01, 2019



We are now at a point that thousands of people who came to Metro Vancouver through a provincial immigration scheme have bought expensive houses?

A report from Statistics Canada shows that 2,370 people who recently arrived in A Statistics Canada report shows 2,370 people who recently arrived in B.C. through a provincial immigration program have bough...

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Metro-Vancouver Changes in Assessed Values

Posted on Feb 15, 2019



Are you aware that the median assessed value for Kitsilano in detached properties is currently down $337,500 from last year and is similar to Southwest Marine Drive, which is down $417,450

Yet you will see a different scenario in the data for Port Moody, comparing Anmore to Belcarra detached properties. Although Port Moody is up 3.45%, Belcarra drop...

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Greater Vancouver Detached Real Estate Prices Fall To 33 Month Low

Posted on Feb 14, 2019



Above is the price of a typical detached home across the Greater Vancouver Real Estate Board, in Canadian dollars.

If you currently are looking for detached real estate in Greater Vancouver, you can always expect to find a lot more inventory. Real Estate Board of Greater Vancouver (REBGV) numbers show detached listings reached a multi-year high for...

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Vancouver Real Estate Prices Make Biggest Drop Since 2009

Posted on Feb 12, 2019




Canadian Real Estate
  The Last Time Canadian Household Debt Grew This Slow Was 1983
The household debt in Canada is at a current new record high, yet the growth rate is decelerating. The balance of outstanding debt reached $2.16 trillion in December, up 3.1% from the year before. This pace of growth was 39% lower than the year before which is the slow...

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