When People Become Irrational

An opinion piece from the Toronto Star. "I’m often asked, 'When is the right time to buy a home?' Conventional wisdom says, 'Sell high, buy low.' I say, 'Buy now to buy low.' Toronto is in a unique economic real estate situation: constantly rising demand and constantly falling supply. When these...
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What If They Gave A Debt Party And Nobody Came?

Readers suggested a topic on debt and housing. "A friend was asking my advice yesterday. He has enough money to pay the balance of the mortgage on his house off. He says he owes about $75,000 and I would guess his house would now appriase around $300,000 in a nice neighborhood, but one that ended...
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What’s Your Plan B?

Readers suggested a topic on housing options. "Weekend topic suggestion: where should I move to after my wife finishes graduate school? Maybe a smallish type town in N.Georgia? I can’t wrap my mind around flat, hot, and no fall foliage for the rest of my life. I can’t imagine my kids missing out on...
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Failed Investments And Shattered Dreams

It's Friday desk clearing time for this blogger. "South Florida is the least affordable of the nation's 25 largest metro areas for moderate income households struggling to pay for housing and transportation, according to a new study. South Florida households that make between $25,444 and $50,888...
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Too Much Speculation Is No Good

A report from The Times of India. "Market insiders said competition in the housing trade has become cutthroat with supply exceeding demands. 'An estimated 1 lakh housing units worth Rs 15,000 crore are on the pipeline in and around the city. These houses would be ready for possession within the...
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