Monthly archives of “August 2017

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Frontier city

Opposition to new development is nothing new in this city. In fact, it’s the norm in almost all cities, regardless of how big or small the project might be. But the battle happening right now in Toronto with respect to the proposed 8 storey condominium… Read More

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4 years

Today is the 4 year anniversary of this daily blog. Sure, I’ve missed a few days over the years (my estimate is 4-5 days), but for the most part I have shown up here every day and written something.  Sometimes that something is very short… Read More

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The year of the condo

Over the past 5 years or so, real estate headlines in the Greater Toronto Area have often focused on the rapid appreciation of low-rise housing. High-rise housing simply wasn’t appreciating at the same rate – at least in aggregate terms. But 2017 has brought a… Read More

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Crowd Surf

When Snap Inc. announced its Q2 financial results earlier this month, it reported 173 million daily active users – an increase of 21% year-over-year. But this fell short of what was expected. Analysts were expecting 175.2 million DAUs.  (Snap defines a DAU as anyone who… Read More

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Supply, not foreigners

The chief economist at the Canada Mortgage and Housing Corporation (CMHC), Bob Dugan, recently published a piece in Macleans called: why the foreign buyers tax isn’t making Vancouver more affordable. Here’s an excerpt: One year after the implementation of the foreign buyers tax, monthly sales to… Read More