housing prices

Canada’s housing bubble is the economy’s biggest risk—and its biggest driver. Now governments want to cool it down.

TORONTO – Canada’s housing market is expected to continue to soften this year, as fewer people look to buy and home construction begins to slow down, according to a report released Monday.

A preview of the upcoming home sales numbers and what they mean for real estate returns

Now what?

And no, it’s not condos

America’s housing prices are rising, making homeowners feel richer. And that’s good for the economy.

Prices hold but home sales plummet

The housing bubble has burst, and few will emerge unscathed

Housing starts and new home prices out this morning

At these prices, can you really afford NOT to buy a stately pile?

Marxism is dead; long live Georgism! With Britain in austerity mode, its government pre-emptively decommissioning aircraft carriers that haven’t been built yet and preparing to bounce a half-million public-sector employees, everybody is looking for policy solutions to make the state’s in-flow exceed its out-go with the least possible agony. That has some progressives, including the Liberal Democrat Business Secretary Vince Cable, looking at the notion of Land Value Taxation (LVT)—applying the new tax burdens not to capital and labour income, which would discourage work and investment, but to the unimproved value of land area, where, to a first approximation, it would merely encourage efficient land use and make it more affordable.