When home prices drop – every home owner’s net worth takes a beating but this time it’s different. Government did it on purpose and the amount is staggering.
The latest measure in the drop of real estate activity is worse than we thought – and it spells continued weak markets in 2019.
So much competition for the most shocking stat of 2018 from pipelines to political murders to the size of the Canadian UN Peace Keeping Force – and there’s so many more.
Four lucky Canadians including an ex Liberal Premier and a failed Liberal candidate just won the lottery – otherwise known as being appointed to the Canadian Senate. Have a listen to the salary and the litany of perks that go with the appointments. Living proof that the aristocracy is alive and well in Ottawa.
The shocking part isn’t the 33% paycut that every Canadians gets…it’s the fact that so few care.
Even if you know the pension crisis is coming – you’ll be shocked by the latest numbers on US Social Security. It’s a reminder that even the smallest change costs big, big money…. money that they don’t have.