Insane House Prices: From 'overvaluation' to 'outlandish' and 'zany'

We all know the insanity …

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Canadian house prices: From ‘overvaluation’ to ‘outlandish’ and ‘zany’

The Globe and Mail (subscription) – ‎Jun 21, 2016‎

One of the world’s big credit-rating agencies says it’s troubled by Canada’s inflatedhouse prices and extremely stretched borrowers.

Canada’s ‘hands-off’ housing policy is right move in free market economy 
Moody’s: biggest Canadian lenders could deal with housingcrash 

Here is a real life testimony …

Two couples pool money to live under one roof

Toronto Star – ‎Jul 5, 2016
“We’re going on blind faith that neither of us will screw each other over,” says Mike Lovas, 35, who shares the main floor and basement of a detached, east-end housewith wife Mandy Wintink, 40, and son Ashar, 1. A lot of people see joint home …
Maybe we all should …

Finding a home, away from home

The Globe and Mail (subscription) – ‎Jun 30, 2016‎
Prairie home companions Erin Anderssen reports from Altona, Man., on the refugee experience in a small Prairie town, where the residents are helping Syrian families set down new roots in Canada, and learning their own lessons about resilience …

Why don’t people just move to #MoveToNiagara?

Everyone loves a comeback story

A newspaper article I read recently stated the average price for a newly built detached home in Toronto has surpassed the million-dollar mark.
Well, the answer is usually … “Got Jobs”? Plus, newcomers love big cities, I supposed.
 Or probably not ,

Finally, relief for apartment dwellers as rent hikes ease

Sky-high apartment rents are finally heading back to Earth – slowly. After hitting record highs in 2015, rents grew at an annual rate of 3.7 percent in the second quarter of this year, according to Axiometrics, an apartment analytics firm. That is a …
For those trying to make couple of bucks renting out their home,

Vancouver wants province to tax Airbnb rentals like hotels

“We’re really just saying it’s time for this to be done across the board,” Meggs told On The Coast host Stephen Quinn.
Meanwhile,

About 200000 people moved in Quebec on Canada Day

According to the Front d’action populaire en réaménagement urbain (FRAPRU), there are more rentals available in Quebec’s urban centres in 2016 than in previous years.
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