Blog - Craig Doherty

The foreign buyer issue is a misdirect; we must loosen housing supply

(September 30, 2016)

Finally, the counterpunch to the suggestion that foreign buyers have over-hyped Vancouver's housing market

Foreign-buyers tax too little, too late, Vancouver mayor says

(September 30, 2016)

The amazing thing is that this concession is made after the introduction of the tax...

Billionaire: Chinese real estate is 'biggest bubble in history'

(September 29, 2016)

Who doesn't love a good "scare line"? Will this effect Canada and in what way? My belief is that, if you buy for life reasons (up or down-sizing, re-locating for proximity to work), you are not treating your home purchase purely as an "investment" and your are comfortable carrying the debt, a house purchase continues to make sense. Maybe this gives Chinese buyers the comfort to continue to buy in... read more.

Are Canadians to blame for the housing crisis?

(September 29, 2016)

We often here "My children will not be able to buy a house in Vancouver!". Every generation struggles simply by being born later than their parents. In my case, my 3 boys will have to do one or more of a few things to own a "house" in Vancouver - float a tech company, move further out from central Vancouver (Squamish is beautiful and close) or re-define what a "house" is to them. I thought this ar... read more.

Expect lower interest rates for some time to come - Bank of Canada signals

(September 21, 2016)

The Bank of Canada governor is not alone in warning that weak economic growth and low interest rates have been with us for far longer than anticipated, and that trend is unlikely to change any time soon.

It’s not just a domestic concern either, Stephen Poloz said Tuesday, but a global one that requires a lot of economic repairs across borders.

But in an address in Quebec City, aptly titled “Living w... read more.