Archive | Housing Bubble

Canada’s Housing Bubble: Price Statistics – December 2012

Here are the latest price statistics for Canada’s housing market. Price statistics refer to the updated numbers in the month of November 2012. Declines were seen in all sectors and regions expect for “townhouses” which increased slightly. The aggregate price for all sectors and major regions in Canada declined again in November, posing the longest […]

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Posted in Housing Bubble0 Comments

Canada’s Housing Bubble – Has Cooled but When Will it Crash?

Recent Canadian real estate data shows that the housing market has cooled; however, the much needed correction of valuation is far from over. Overall the housing correction was felt the most in Calgary; cities less affected were Regina and Montreal. Take a look below for average price statistics: Canada’s Housing Price Statistics Besides Calgary, the decline […]

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Posted in Housing Bubble3 Comments

Oh Canada Movie – Our Bought And Sold Out Land

Title: Oh Canada Movie – Our Bought And Sold Out Land Year: 2009 This 2009 entertaining documentary film explores the history of banking, the selling out of the prosperity of Canada, the clearance sale of Canadian businesses and the political liquidation of public infrastructures to the multi-national corporate oligarchy. How has this led to the […]

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Posted in Housing Bubble, Videos1 Comment

Quebec’s Debt Problem Will Get Worse With the P.Q. Not Good For Real-Estate.

Quebec’s provincial elections took place last night and Pauline Marois from the Parti-Quebecois (PQ) made history by being the first elected female premier to win. The PQ won 54 out of the 125 provincial seats. What does this mean for businesses and individuals in Quebec? Although The PQ won with a minority government, the economic […]

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Posted in Housing Bubble5 Comments

Canada Housing Bubble Price Statistics

City Peak Month Peak Price Current Price Decline from Peak Vancouver Feb 2012 $1,235,244 (REBGV average via yattermatters.com)* $1,041,325 (July 2012) 15.7% – $194,000 Victoria June 2010 $649,280 (VREB average) $580,557 (July 2012) 7.0% – $45,100 § Edmonton May 2007 $424,572 (EREB average) $384,417 (July 2012) 9.5% – $40,200 Calgary June 2007 $464,500** (CREB benchmark) […]

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The Ponzi Scheme in Canada’s Housing Bubble

Canadian mortgage requirements tightened in recent weeks from a maximum amortization period of 30 years to 25 years, the consequences of which will serve to undermine the currently bloated real-estate market as less buyers will be able to enter into the market as mortgages become more expensive (assuming a same down payment). How is this […]

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Posted in Housing Bubble6 Comments

Fractional Reserve Banking System

Most people believe that banks safeguarded their deposits in their vaults and maintain a liquidity ratio on or about 100%. In other words, banks only lend out the money which they had on deposits. However, today’s banking system reality is far different, posing a great risk for all economies going forward. What is a Fractional […]

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Posted in Housing Bubble, US Dollar Collapse11 Comments

Why Do People Invest in Real Estate?

As mentioned in a previously article “the flow of money” money tends to flow in the path of least resistance. At the end, government officials with the financial bribes of lobbyists groups foolishly decide where investments should be re-directed instead of the free-market at the bennifit of major corporations. For instance, Real –Estate in Canada and in […]

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Posted in Housing Bubble3 Comments

Mortgage Backed Securities For Dummies

The concept of a mortgage backed security (MBS) is essentially a financial derivative of a pool of mortgages. Here is a short video explaining the concept of a mortgage backed security. As the video clip explains an MBS is a multiple-packaged mortgage loans to make another security. This process is known as securitization. These mortgage-backed […]

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Posted in Housing Bubble6 Comments

Effects of Low Interest Rates – Part 2

As mentioned in my previous post, “Effects of Low Interest Rates Part 1,” the easy monetary policies created by central banks and governments is what fuels economic booms and their consequent busts. Keynesian government intervention skews the business cycle: the creation of credit expansion undoubtedly provides growth, but this growth is now part of an […]

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Posted in Gold and Silver, Housing Bubble, US Dollar Collapse4 Comments

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