Sentences with phrase «economist says the rules»

Not exact matches

The tighter mortgage lending rules, which make it harder for home buyers to qualify for uninsured mortgages, are also shrinking the pool of qualified buyers for higher - priced homes, said Gregory Klump, chief economist of the Canadian Real Estate Association.

«The housing market continues to adjust to stricter mortgage rules, recent Bank of Canada rate hikes and some provincial policy moves,» said BMO Capital Markets» senior economist Robert Kavcic in a research note Friday.

Exports from Canada to the U.S. could be subjected to a maximum tariff of 3.5 per cent under the World Trade Organization's «most favoured nation» provision, to which Canada would almost certainly respond with its own tariffs on imports from the U.S. «For Canada, under WTO rules, we'd have to put up barriers with the U.S., and the retaliation would be one of the biggest sources of negative impact for us,» says Dan Ciuriak, a former deputy chief economist with the Department of Foreign Affairs and International Trade.

«While the give - back related to the pull - forward in activity experienced late last year, as buyers rushed to close deals prior to the updated B20 rules, appears to have been largely complete in January, the softness in sales nonetheless persisted this month,» said TD economists Michael Dolega and Rishi Sondhi in a research note.

IMF economists said that Greece can't pay, and under the IMF rules it is not allowed to make loans to countries that have no chance of repaying in the foreseeable future.

With the recent further tightening of mortgage rules, ownership challenges have been intensified, and the ownership rate is very likely to fall further,» says Will Dunning, chief economist for the association and author of the report.

All in all, he says, the rule — which will see the first phase of implementation in April 2017 — cries out for the expertise of financial economists.

Economists have been «critical» of the surplus target, saying it is not «credible» and that «in the handbook of possible fiscal rules» the government is choosing «a very, very, very bad one».

«Laboratory experiments with human subjects can provide empirical validation of individual decision rules of agents, their interactions and emergent macro behavior», says Cars Hommes, who leads a group of behavioral economists at the University of Amsterdam.

Bank of England Governor Mark Carney surprised investors last week when he hinted that interest rates might not go up next month - but economists say it would be wrong to rule out an increase.

Beata Caranci, chief economist at TD Bank Group, says housing markets cool for about six months following a rule change, and then pick up again.

Bob Walters, chief economist at Quicken Loans, says a general rule of thumb is that one point will reduce the rate by 1/4 to 3/8 on a 30 - year fixed mortgage.

«If you tighten rules and raise the bar on getting a mortgage from financial institutions, it may prompt a number of borrowers who are being shut out to deal with lenders that are in the less regulated space,» said RBC senior economist Robert Hogue.

In a report published earlier this year, CIBC economist Benjamin Tal said it was too soon to say whether Australia's rules — which were implemented in last summer and restrict foreigners to newly built houses and apartments — are having the desired impact.

Klaus, an economist, said he opposed the «climate alarmism» perpetuated by environmentalism trying to impose their ideals, comparing it to the decades of communist rule he experienced growing up in Soviet - dominated Czechoslovakia.

So, with the ground rules set, and no complaints if this or other posts are later removed, your point about policy makers strongly reminded me of what Thomas Sowell said four years ago about the striking success of his mentor Milton Friedman in affecting US (and other) government policy over many years, in a short appreciation a couple of years before the 92 - year - old Nobel Prize - winning economist died:

The Economist said it read more like «novice high - school debate speech than a ruling by a federal appellate judge.»

For years, labor economists said routine work like a factory job could be reduced to a set of rules that could be computerized.

But if you want to go it alone, be sure to approach the task systematically, says David Lereah, NAR's new chief economist and the author of The Rules for Growing Rich: Making Money in the New Information Economy, published this summer by Crown Business.

«If eligibility rules for excluding the sale of a home from capital gains taxes are changed from requiring living in your home for two of the past five years, to five of the past eight, selling the median U.S. home after four years of ownership would mean $ 2,363 in taxes, from $ 0 currently,» says Zillow Senior Economist, Skylar Olsen.

NAR research has found closings are taking five days longer than they did before the new rules, and NAR Chief Economist Lawrence Yun has said the new rules might have contributed to a drop in closings in November.

«The preemption in the FCC rule really came out of left field,» said NAR Chief Economist David Lereah.

«Following the temporary market setbacks brought on by the implementation of the CFPB's «Know Before You Owe» rules, the latest sales figures indicate that housing is starting off the year on solid ground,» Ten - X Chief Economist Peter Muoio said.