From January 2002 to the peak in July 2018, the index soared 316%, the biggest increase of any major housing market in Canada over this period — and as we will see in a moment, far more splendid than anything the US has to offer. When something is up 316% (the index for Vancouver...
That move tipped the retail market in favor of the largest chains, who could once again wield their leverage over suppliers, just as A&P had done in the 1930s. Walmart was the first to fully grasp the implications of the new legal terrain. It soon became notorious for aggressively strong-...
Asking prices have been cut on one-third of listings in Boston, San Diego, Sacramento, Los Angeles and Miami.” “Nationwide median prices will probably fall at least 20% before the break is over. It will take a 35% fall to return prices to their long-run link to the Consumer Price ...
“Barack Obama promised a change from this revolving-door, behind-closed-doors collaboration between special interests and government. He vowed to “do our business in the light of day” — with health care negotiations broadcast on C-Span — and to “restore the vital trust between people and...