"Nah, I'm going to keep renting until the bubble pops, then I'll buy a house on the cheap." A friend of mine said that when I moved to Vancouver in 2002. Looking at what the Vancouver real estate market's done since then, the joke appears to be on him. Despite a swoon in 2008, it... Continue Reading →
Aftershock (by Wiedemer et al)
This book should be required reading for everyone. Ok, let me back up a moment and tell you what this book's about, first. It's a "pop-economics" book presenting an overview of key pitfalls in the US economy. It identifies 6 bubbles in the US. Four have burst, 2 are still on deck waiting to happen.... Continue Reading →