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September 27, 2018 | UBS Report: Toronto and Vancouver Make Top 4 Global Realty Bubble Cities
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
A new UBS report confirms Canada’s two largest cities–Toronto and Vancouver–as being two of the four most egregiously-valued realty markets in the world and making them at risk of price collapse. Naturally, these are the same two cities with the largest Canadian mortgage balances outstanding as well. See: These are the world’s biggest property bubbles as ranked by UBS. Here is their chart.
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Danielle Park September 27th, 2018
Posted In: Juggling Dynamite
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