Two weeks ago, a key China-linked concern that made headlines back in 2013 and 2014 reemerged after an extensive analysis by Reuters reporter Engen Tham found that China's "ghost collateral" problem, or collateral that was either rehypothecated between two or more loans, or simply did not exist, had not only not gone away but was still as prevalent as ever if not worse.
Authored by Khadija Khan via The Gatestone Institute,
Less than a week after declaring that China’s economy is headed for an economic “day of reckoning” thanks to its twin asset bubbles (real estate and equity), short-seller Carson Block said he’s starting to believe there are “real problems with Canada” – particularly the country’s dangerously overvalued housing market.
For most investors, targeting foreign countries where there are high expectations for growth is a useful strategy.
After all, in the United States, Canada, and Europe, economies are mostly growing at about 2% or less per year. And while these developed markets are less risky to invest in, finding value can be tricky.
Authored by Kaitlin Last via BetterDwelling.com,
The price of new homes is quickly diverging in Canada and the US.
Data from the Canadian Housing and Mortgage Corporation (CMHC) show that new homes are selling for substantially more than the same time last year.
Meanwhile south of the border, data from the US Bureau of Census show that new home prices are on the decline.