While housing remains under valued,
housing bubble talk is premature, but the recent pace of price gains isn't sustainable.
Not exact matches
But by
talking instead of acting, he also runs the risk becoming another Alan Greenspan, the once infallible guru who infamously stuck to low interest rates and ignored the massive debt and
housing bubble he helped create until it was too late.
Two years ago, when Greater Vancouver
houses were selling for an average of just $ 1 million, Porter dismissed
talk of a Canadian
housing bubble by declaring that ««
bubble» is perhaps the most overused word since the global financial crisis.»
«People don't believe
housing is in a
bubble and don't want to hear
talk about prices being a little bit bubblish.»
They are
talking about the
housing bubble and what needs to be done.
Of course,
housing may be a bigger issue and the
talk of a
bubble in that sector has been simmering for a few years.
This process of «price discovery,» the primary driver of volatility in bitcoin's price, also invites speculation (don't mortgage your
house to buy bitcoin) and manipulation (hence the recent
talk of tulips and
bubbles).
Tempering
bubble talk with more pragmatic foresight, Capital Economics says the
housing market is due for a bit of a reality check, even as the recovery continues.
Richard: Great insight as always, and last time we
talked about the commercial real estate
bubble and we thought today we'd do a special focus on the millennial generation and how financial repression through repressed interest rates and quantitative easing has resulted in asset
bubbles that ultimately have affected the millennial generation in terms of their values, how they look at the economy and life and the way they're conducting themselves in the economy: what they're facing in terms of the
housing market and the job situation.
Last time we
talked about the commercial real estate
bubble and we thought today we'd do a special focus on the millennial generation and how financial repression through repressed interest rates and quantitative easing has resulted in asset
bubbles that ultimately have affected the millennial generation in terms of their values, how they look at the economy and life and the way they're conducting themselves in the economy: what they're facing in terms of the
housing market and the job situation.
It's one thing for an anonymous Twitter avatar to
talk frankly about
housing bubbles, and quite another for the governor of the Bank of Canada to base his public remarks on worst - case scenarios.
Talking weird mortgage loans check «The
Housing Bubble Fact Sheet» at CEPR.
While everyone
talks glibly about a «
housing bubble» there was also some reality to this shift.
We're
talking the
housing bubble all over again.
The first half of this year in the
housing sector was dominated by
talks of affordability, the impact of speculators,
talk about
bubbles, overheated markets and the expectation of both an interest rate hike and a
housing market correction.
And with all the recent
talk of a
housing bubble, you really have to ask yourself if there's any place left in Canada where homes are still a good buy.
Also all the
talk about how the
housing bubble is the root of this recession — what about the billions we pumped into the Wars?
Talk of a real estate
bubble might continue to percolate through the national media, but a recent report by five
housing industry economists shows these theories to be mostly hot air.
Quizzed by TREB members and reporters from the four Toronto daily newspapers and REM, the industry leaders
talked about everything from mls.ca to the threat of a
housing bubble.
This has inspired lots of foreboding
talk about how our «soaring» household debt - to - income levels are now higher than U.S. debt - to - income ratios were at the peak of their
housing bubble.
If you insist on living in one of the country's inflated
housing bubbles — yes, Brooklyn and Northern California, we're
talking about you — you probably already know you'll be a renter for the foreseeable future.