Blog

Vancouver’s Housing Bubble Fueled by China’s Credit Bubble

Many of us are under the impression that there is an endless supply of multi-millionaires in China who are intent on scooping up Vancouver properties at any price, often before they even hit the market. But the underlying source of the money does indeed have a limit, and we might be getting close to that…

The Canadian Real Estate Correction Chartbook

Last fall Paris based bank, Societe Generale, produced a comprehensive report on the impact of changing global demographics on consumer trends. The report points to the rapid development of property markets in much of the western world since the 1990s as a by-product of maturing baby boomers shifting into an asset-accumulation-phase of their consumer life.…

Canadian Real-Estate-Bubble Chart Book

For the past three years the Canadian Finance Minister, Jim Flaherty, and the Governor of the Bank of Canada, Mark Carney, have preached caution to Canadian households on the risks of excessive debt accumulation. Neither have gone so far as to declare an asset valuation "bubble" within the Canadian real estate market. Canadian Real-Estate-Bubble Chart…

Canadian Housing-Bubble Chart Book

We continue to believe that Canadian real-estate is an asset class with an asymmetric risk profile. Simply put, the upside price potential to real estate is limited due to already extreme valuations yet the downside risks are significant from a number of factors including: Canadian Housing-Bubble Chart Book UPDATE: An update of this report was…

Canada's (Sub-Prime) Mortgage Market

Canada's (Sub-Prime) Mortgage Market - Causing Concern for the Bank of Canada? Pacifica Partners' Financial Post Weekly Column - Nov 19th 2009 Preview: For most of this year the markets have been discounting an economic recovery. That is, they have been in rally mode in anticipation that the worst of the economic crisis is over.…
View All
Start a Conversation