21. 04. 2017

Ontario Tries its Best with Toronto Real Estate Bubble

The Government of Ontario introduced its Fair Housing initiative yesterday with the aim of cooling astronomical increases in the prices of residential property in the Greater Toronto Area. Among its measures is a...

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15. 04. 2017

United Airlines Gaffe Magnifies Overbooking Problem

United Express Flight 3411 from Chicago to Louisville was supposed to be a routine flight. However, destiny had other plans. The flight was overbooked, as is the norm for airlines as they boost...

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14. 04. 2017

US Buyers Want Modest Homes

A National Association of Realtors survey of home buyers in the US highlights that most searchers were looking for a classic suburban home. There are no surprises in the answers, perhaps the surprise...

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12. 04. 2017

Internet Brings Professional Appearance to Vulture Flippers

Vulture home flippers are investors who buy property cheaply, renovate or otherwise improve them and sell them for a profit. You are probably most familiar with their yellow signs with black writing that...

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07. 04. 2017

Decline of U.S. Retail

Department stores have long been the anchor tenant and main attractions for shopping malls in the United States. They assure landlords and smaller tenants a steady flow of foot traffic most parts of...

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01. 04. 2017

Government Inaction on Money Laundering

Transparency International released a report critical of Canada, US, UK, and Australia saying there were not enough safeguards in place to prevent corrupt officials and others from laundering money in their countries by...

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30. 03. 2017

Ontario Debt Troubling

Trying to get a handle on the real expenses of government is like trying to decode a mystery in a foreign language. For example, when you try to study Ontario’s financial situation, straight...

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28. 03. 2017

Grab to Rise From Uber’s Ashes

American troubled start-up Uber’s misery is continuing. News has emerged that one of Uber’s self-driving Volvo SUV’s has had a terrible accident in Arizona. The company has suspended its self-driving pilot programs in...

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21. 03. 2017

US Policy U-Turn Influences G20

US President Donald Trump’s policy of protectionism has shown itself on the big stage. During the recent G20 Finance Ministers and Central Bank Governors Meeting this week in the resort city of Baden-Baden...

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19. 03. 2017

Foreign Buyer Permit Would Cool GTA Housing Crisis

The February average sale price of homes in the Toronto area increased 24% from the same month last year. This meteoric rise has no link to economic fundamentals in the local or national...

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