Mike's Daily Comment

The whole idea of a consensus in the scientific realm is to prevent anyone from asking uncomfortable questions. Oddly, there are other critical areas today where a considerable consensus carries no weight whatsoever

also Michael’s Mid-Week Comment – Vancouver’s Real Estate Market is Finally Cooling

Events occurring internationally have a great impact on your financial health. So many markets move on factors that are determined outside our borders, one great example being the Vancouver real estate market, but that is hardly the only one

Vancouver’s Real Estate Market is Finally Cooling

Posted by Michael Campbell

on Thursday, 4 August 2016 2:17

Michael’s Mid-Week Update – For four months in a row the Greater Vancouver market has seen sales decline but don’t hold your breath for lower prices. It takes more than a little slowdown before people sellomg their homes discount the price.  

Another of Michael’s Comment 08/03/16: Let’s Do More of the Same and Hope We Get A Different Result

housing-market-declining

Let’s Do More of the Same and Hope We Get A Different Result

Posted by Michael Campbell

on Wednesday, 3 August 2016 17:05

Houston we’ve got a problem. Oil continues to hover around $40, with most analysts calling for a further significant drop. That’s not good news for the Canadian economy. Worse still is that our politicians only ever offer more of the same.

oil

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

test-php-789