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Pruitt Had a $50-a-Day Condo Linked to Lobbyists. Their Client's Project Got Approved. - New York Times Apr 3rd
New York TimesPruitt Had a $50-a-Day Condo Linked to Lobbyists. Their Client's Project Got Approved.New York TimesWASHINGTON — The Environmental Protection Agency signed off last March on a Canadian energy company's pipeline-expansion plan at the same time that the E.P.A. chief, Scott Pr.... More »
Life for Hollywood murder - Castanet.net Jun 27th
Castanet.netLife for Hollywood murderCastanet.netA Canadian real estate tycoon's son who wrote a graphic novel that features gruesome killings was sentenced Tuesday in California to life in prison for the torture and mutilation of a live-in girlfriend who had given birth to their child weeks ea.... More »
Uber to continue 'outside the law' in Toronto - The Globe and Mail Oct 2nd
The Globe and MailUber to continue 'outside the law' in TorontoThe Globe and MailThe day after a Toronto City Council vote made Uber's services illegal – at least, for the time being – Mayor John Tory said he is not happy with the company operating against the law, but he is willi.... More »
37% of Vancouverites think real estate market is 'extremely corrupt': report + MORE Dec 13th
According to a Transparency International Canada report on perceptions of domestic corruption, 37 per cent of those living in the Metro Vancouver area would describe the real estate sector as “extremely corrupt.".... More »
Fed Chair Yellen resists giving some documents ordered by lawmaker in probe of possible leak + MORE Jun 5th
WASHINGTON – Federal Reserve Chair Janet Yellen is balking at turning over some of the documents ordered by a key House lawmaker in his investigation of a possible leak of market-sensitive information.
Yellen has told Rep. Jeb Hensarling, R-Texas, who heads the House Financial Services Committ.... More »
Limited choices, rising prices keep many first-time buyers from getting a home this spring
– canadianbusiness.com
Young people aspiring to buy their first home are already facing disappointment this year.
Rising prices are putting more homes out of reach, and pickings are slim because few properties have come onto the market this spring, when sales are supposed to take off.
Millennials are also burdened by heavy school debt and depleted savings that hurt their ability to qualify for a mortgage. Until their incomes start to rise meaningfully, many will be forced to keep hunting for a home while delaying the dream of ownership. This has weighed on overall home sales and economic growth throughout the rebound in housing the past three years.
“People need to see more money in their paychecks before they’ll take the plunge into homeownership,” said Greg McBride, chief financial analyst at Bankrate.
If early signs are any indication, there won’t a noticeable jump in new homeowners during the spring.
Amy Arnold and her husband began looking at listings in Denver late last year. The 28-year-old apparel buyer quickly found that the few homes in the couple’s price range got snapped up for more than asking price, leaving her exasperated at how “crazy” the market seemed…
Rising prices are putting more homes out of reach, and pickings are slim because few properties have come onto the market this spring, when sales are supposed to take off.
Millennials are also burdened by heavy school debt and depleted savings that hurt their ability to qualify for a mortgage. Until their incomes start to rise meaningfully, many will be forced to keep hunting for a home while delaying the dream of ownership. This has weighed on overall home sales and economic growth throughout the rebound in housing the past three years.
“People need to see more money in their paychecks before they’ll take the plunge into homeownership,” said Greg McBride, chief financial analyst at Bankrate.
If early signs are any indication, there won’t a noticeable jump in new homeowners during the spring.
Amy Arnold and her husband began looking at listings in Denver late last year. The 28-year-old apparel buyer quickly found that the few homes in the couple’s price range got snapped up for more than asking price, leaving her exasperated at how “crazy” the market seemed…
Moving Your Nest Egg to a Bed of Red Tape
– online.wsj.com
Regulators want to apply a new standard to financial retirement advisers that will ultimately hurt many savers.The Federal Reserve Asset Bubble Machine
– online.wsj.com
Easy money is driving up the price of stocks, bonds, houses and other assets in a era without historical precedent.Great-West Lifeco looks to U.S. and Europe for expansion
– theglobeandmail.com
The insurer and wealth manager is seeking opportunities in the U.S. and U.K.
