Chinese Homebuyers Spreading Wealth Make Vancouver Pricier Than Manhattan

Niccolo and Donkey Monday 14 Jul 2014

Broseph has been saying this for years now, hence this thread.

Broseph Monday 11 May 2015

Some more facts on Canadian finances:

Here are the latest worrisome factoids:

Three-quarters of all families now have debt. We owe $1.8 trillion, which is more than the economy.

Households earning over $100,000 hold 38% of all the debt. Families making over $50,000 account for 75% of it. Yup. Homeowners.

Old people are just as dumb. Over 43% of those retiring have debt – a record. Fifteen years ago it was barely over 20%.

Our collective debt has soared by 50% in the last 13 years – along with real estate.

In 1982 people saved over 19% of what they make. Today it’s just 3%.

Days ago I told you that, on average, families will spent $17,100 this year on renovations, more than double what people will put into retirement savings and TFSAs combined.

http://www.greaterfool.ca/2015/05/11/the-queasy-middle/

Niccolo and Donkey Monday 8 Jun 2015

Fitz

chic nihilist 666 Sunday 28 Jun 2015

Chinese immigration is genocide against whites. Send the chinks home!

Niccolo and Donkey Tuesday 7 Jul 2015

Broseph

http://www.thestar.com/business/2015/07/07/toronto-average-house-price-hits-1052-million-record.html

Niccolo and Donkey Friday 31 Jul 2015

Broseph

http://www.theglobeandmail.com/glob...p-their-housing-options-open/article25786383/

Broseph Friday 31 Jul 2015

He's not as great as the article makes him out to be. He doesn't even run a spreadsheet to help him decide.

Niccolo and Donkey Wednesday 9 Sep 2015

Broseph

http://www.theglobeandmail.com/repo...-to-china-to-court-investors/article26264066/

Slavoj Zizek Wednesday 10 Feb 2016

Niccolo and Donkey Wednesday 10 Feb 2016

Broseph see the post above by Slavoj Zizek

Chinese Homebuyers Spreading Wealth Make Vancouver Pricier Than Manhattan

10 posts