Tag: real estate bubble

The Grind Continues…

It has been a while since my last post. I have been working crazy hours, even on the weekends. Sunday evening is pretty much my only downtime right now. I try to keep focused by telling myself that it will all pay off down the road - the financial freedom. In terms of savings over … Continue reading The Grind Continues…

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On the Grind

Work picks up substantially for me during March and April so my posting activity will go down during this time. It is hard to keep up when working 12 to 14 hours per day but I will try to blog at least once a week to blow off some steam. It is the price to … Continue reading On the Grind

Vancouver Housing Market Continues its Slide – What Does the Latest Data Mean?

It's that time of the month again. The Greater Vancouver housing numbers for the month of January 2017 came out. They were not hot. Ice cold in fact. Sales were down drastically and prices are now starting to follow. Not good news for over-leveraged households. Sales of detached houses, condos, and townhouses in Greater Vancouver … Continue reading Vancouver Housing Market Continues its Slide – What Does the Latest Data Mean?

Real Estate and Stock Market Bubbles, their Cause, and What I’m Doing

I posted earlier this month on how I believe the US stock market is overvalued (I feel the same way about the Canadian stock market). I also posted about the real estate bubble in Canada, particularly Vancouver and Toronto. Many renowned investors and reputable organizations are saying the same - either explicitly or implicitly - … Continue reading Real Estate and Stock Market Bubbles, their Cause, and What I’m Doing

Debt and the Canadian Real Estate Bubble

I’m not opposed to owning a home. I think owning a home is part of the Canadian and American dreams. It provides emotional security for you and your family, and can also in some cases provide some financial security. It even acts as a method of forced savings because you have to make mortgage payments … Continue reading Debt and the Canadian Real Estate Bubble

Stages of a Real Estate Bubble

A few days ago I discussed the quantitative data showing that Vancouver and Toronto are in real estate bubbles. Today I'm going to look at some of the psychological factors. After all, a bubble is defined by speculation and defiance of logic which is psychological. The chart below nicely sums up the stages of a … Continue reading Stages of a Real Estate Bubble

Irrational Exuberance in Canadian Real Estate

Canadian real estate has been a topic on my mind for quite a while. It's dear to me as I live in Canada. Over the last few years, I believe some of the real estate markets in Canada have become price bubbles, particularly the Greater Vancouver and Greater Toronto areas. I think two words sum … Continue reading Irrational Exuberance in Canadian Real Estate