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Mortgage Balances Are Growing As Canadians Hope The Problem Will Resolve Itself

This Post Has 4 Comments
  1. From the first 3:15 video:

    China suffering from housing crisis
    Sky News
    Mar 4, 2023
    The housing industry has been a large driver of China’s economic growth, but strict Covid measures put in place have seen a drop off in confidence, leaving many projects unfinished.

    The second 9 minute video:

    Is the Luxury Housing Market in Arizona in Trouble? A look At Paradise Valley, AZ
    Rich Brecklin
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    The third 12:27 video:

    Nashville Housing Demand Tanking! | Market Update
    Ethan Flynn, CPA | Real Estate
    Mar 4, 2023
    This is a Data centric Analytical approach to the Nashville Tn Housing Market. We look at trends in active listings, median price, mortgage rates, contracts, rent rates

    The fourth 16 minute video:

    Canadian Mortgage Balances are Growing in Hopes of Rate Cuts
    Steve Saretsky
    Mar 4, 2023
    CIBC says 20% of their mortgage borrowers aren’t even paying enough to cover their interest costs. Mortgage balances are growing as Canadians hope the problem will resolve itself over the next year or two. Amortizations are growing. New Listings are being withheld from the market, hitting 20-year lows in Toronto and Vancouver.

  2. Chris Rock brilliantly rips into Will Smith, Meghan Markle and wokeness

    However — and this was a through-line of Rock’s material all night — he refuses to give in to our 2023 culture of perpetual victimhood.

    “Right now we live in a world where the emergency room is filled with motherf—ers with paper cuts,” he said.

    “You will never see me on Oprah or Gayle crying. You will never see it. Never gonna happen. ‘I couldn’t believe it! And I loved ‘Men in Black’!’,” Rock mockingly whimpered. “No! F–k that s–t. I took that hit like Pacquiao!”

    The comic nimbly eviscerated Prince Harry’s wife’s never-ending outrage over the British royals’ alleged racist tendencies.

    “It’s the royal family!,” he said. “You didn’t Google these motherf—-ers? What the f–k is she talking about ‘She didn’t know’?!”

    He went on: “That’s like marrying into the Budweiser family and going, ‘They drink a lot.’”

    Rock’s also fed up with corporate brands taking empty stances on major issues to score wokeness points. He said that he saw a sign at the athleisure clothing store Lululemon decrying racism and hatred.

    “Who gives a f–k?,” he said. “You’re just selling yoga pants!”

  3. 𝗟𝗮𝘀 𝗩𝗲𝗴𝗮𝘀, 𝗡𝗩 𝗛𝗼𝘂𝘀𝗶𝗻𝗴 𝗣𝗿𝗶𝗰𝗲𝘀 𝗖𝗿𝗮𝘁𝗲𝗿 𝟭𝟲% 𝗬𝗢𝗬 𝗔𝘀 𝗛𝗼𝘂𝘀𝗶𝗻𝗴 𝗣𝗿𝗶𝗰𝗲 𝗖𝗼𝗹𝗹𝗮𝗽𝘀𝗲 𝗔𝗰𝗰𝗲𝗹𝗲𝗿𝗮𝘁𝗲𝘀

    𝘈𝘴 𝘰𝘯𝘦 𝘳𝘦𝘢𝘭 𝘦𝘴𝘵𝘢𝘵𝘦 𝘦𝘤𝘰𝘯𝘰𝘮𝘪𝘴𝘵 𝘦𝘹𝘱𝘭𝘢𝘪𝘯𝘦𝘥, “𝘏𝘰𝘶𝘴𝘪𝘯𝘨 𝘱𝘳𝘪𝘤𝘦𝘴 𝘢𝘳𝘦 𝘤𝘳𝘢𝘵𝘦𝘳𝘪𝘯𝘨 𝘦𝘷𝘦𝘳𝘺𝘸𝘩𝘦𝘳𝘦. 𝘌𝘷𝘦𝘯 𝘪𝘯 𝘺𝘰𝘶𝘳 𝘵𝘰𝘸𝘯.”

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