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August 29, 2018 | How Real Estate Inflates and Deflates the Canadian Eeconomy
Danielle Park
Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog: www.jugglingdynamite.com
What rises on record credit and speculation, also deflates as those same forces mean revert. This clip is a good summary of how real estate has inflated the Canadian economy the past decade. ‘Hoping it won’t’ cause economic drag as tides turn, is not a rational strategy.
Here is a direct video link.
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Danielle Park August 29th, 2018
Posted In: Juggling Dynamite
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