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Olduvai
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Olduvai III: Catacylsm
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Vancouver Home Prices Turn Negative, First Time Since 2013

Vancouver Home Prices Turn Negative, First Time Since 2013 The sudden shift in the Vancouver housing market has been well documented. In November, home sales across all property types sank to a ten year low for the month. The drop is rather unprecedented considering the current economic backdrop suggests unemployment across Canada has plunged to […]

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CMHC Finds Irrational Exuberance in Vancouver & Toronto

CMHC Finds Irrational Exuberance in Vancouver & Toronto There is much to learn from financial mania’s. In particular, the role of human behaviour responsible for inflating asset prices to previously unimaginable heights. Economist Robert Schiller has done some excellent work on this topic in his book Irrational Exuberance. In essence, Schiller highlights a few key […]

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Canadian Housing Affordability Hits 27 Year Low

Canadian Housing Affordability Hits 27 Year Low  Real Estate Hasn’t Been this Unaffordable Since 1990 per RBC Nothing says Merry Christmas like a 27 year low for Canadian housing affordability. That’s right, real estate across Canada has not been this un affordable since the year 1990 per RBC. Spoiler alert house prices tumbled shortly thereafter. […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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