This is not all that surprising: It is not surprising for at least two reasons: We knew that central banks would tighten the money supply at some point and that it would have a negative impact on asset prices. Many of us believed that a… Read More
I flew into Vancouver this morning, which means it was only a matter of time before the topic of house prices came up. According to the 13th Annual Demographia International Housing Affordability Survey (2017), the 10 most unaffordable housing markets are as follows: Hong Kong,… Read More
What happens when wages and real estate prices become too high in a city? Companies start growing in lower cost locations. We’ve all seen this before. Fred Wilson recently blogged about this “spillover effect”, citing a New York Times article talking about the growth of tech offices… Read More
BRANDON DONNELLY 