Mike's Daily Comment

When it comes to real estate we love to talk about rising prices and the big bubble. One problem with that –  but that’s not the problem. The real worry is falling prices and excessive debt. 

Don’t miss Michaal’s interview with Victor Adair: Red Alert: Trend Change

Let’s choose between politics and kids… politics it is. Have you noticed that you never hear about our children’s education unless there’s political drama attached? Politics always wins out. In the meantime, what’s your guess – is the world changing 10 times, 20, 50 times faster than the education system? Whatever your answer it’s not good news for our children.

Don’t miss Michael’s Saturday Comment: The Just Don’t Get It

The issue of housing affordability in Canada’s most dynamic housing markets is dominated by people who think they are entitled to buy a house in every market. Now that Gov’t has acted on their behalf, its time to look at the facts….

Turns out that in order to gain the most US election votes both candidates have gone against free trade. Despite that fact that every citizen would benefit from the removal of all tariffs, free trade is still not a vote getter.

Don’t miss Michael’s Mid-Week Update: Money On The Run

If history is any guide, Governments have just messed things up royally by passing a brace of laws to lower housing prices. With Governments record for success, and by acting near the end of a huge bull market run, a lot of innocent bystanders are going to have their equity shredded.

related on real estate: Ozzie Jurock Gives The Scoop On A Leaked Revenue Canada Memo