Sentences with phrase «of the biggest housing booms»

Let's be clear about what we inherited: an economy built on the worst deficit since the Second World War: the most leveraged banks; the most indebted households; one of the biggest housing booms; and unsustainable levels of public spending and immigration.

Despite one of the biggest housing booms Canada has ever seen, since 1982 the rate of home ownership for those aged 55 and under has actually decreased.

Not exact matches

Just as baby boomers took over business, politics, and the consumer economy during the 1980s and»90s, millennials currently in their mid-20s will make up the majority of jobs and big - ticket purchases such as houses and cars, Slok wrote in a recent brief, which was first reported by Axios.

This is an important question to ask not only because housing tends to be the biggest asset for most Canadians but the sector is also a major driver of booms and busts in the Canadian economy.

Peru, with its big bounty of copper and other metals, used its newfound riches to expand its middle class, creating a boom in shopping centers and apartment houses in its capital, Lima.

The big picture: San Diego County's median home price is technically still down from the height of the housing boom.

Unfortunately, the UK was perhaps the most eager participant in this boom, with the most indebted households, the biggest housing bubble, the most over-leveraged banks and the largest budget deficit of them all.

Chancellor George Osborne has asked the Bank of England to take a bigger role in ensuring his Help to Buy housing scheme does not fuel a property boom.

While this was a global banking crisis without precedent, we were hit especially hard because we have one of the most open economies in the world; with a financial services sector that had grown too big for the UK economy carrying liabilities that were around five times the size of it; UK citizens were privately indebted to the tune of 1.4 trillion pounds — among the highest in the developed world; and we had a housing market that went from spectacular boom to bust.

When four outsiders foresee the impending collapse of the global economy long before the big banks, media and government regulators realize what's happening, they capitalize on it by shorting the booming housing market through the invention of a clever financial instrument called the credit default swap.

With the recent boom in housing, malls and other forms of retail, and the services to support them, construction is also big business in the area.

Add a layer of growth above that in boom times due to the wealth effect (when stocks are way up, we have extra money to blow on bigger houses) and the opposite when markets are down.

Countrywide was one of the biggest subprime lenders during the housing boom.

Sierra On - Line began in 1980 as just husband and wife team Ken and Roberta Williams, making simple adventure games like Mystery House that nevertheless pushed the boundaries of what people expected from games at the time — like having graphics — before booming to become one of the biggest and most important companies in gaming history.

«I will not allow house prices to get out of control and put at risk the sustainability of the recovery» (1998), and «My vision is of a Britain where there is not stop go and boom bust but economic stability» (2000), announced the the Chancellor, Gordon «fifty days to save the planet» Brown — who, following the biggest bust for decades, later became Prime Minister.

With the recent boom in housing, malls and other forms of retail, and the services to support them, construction is also big business in the area.

Vacation communities across the United States are showing big signs of a rebounding real estate market, reporting soaring sales at levels that have not been been seen since the days of the housing boom, The Wall Street Journal reports.

Still, investors are banking on a big recovery for the sector and redirecting their assets in anticipation of a senior housing boom.

When you hear about hopes of the next big housing boom, the designated saviors often are Millennials.

In Alberta, the biggest cumulative drop in the history of RBC affordability measures deepened further in the second quarter, falling to levels not seen since before the housing boom.