Archive for the tag:

$$ Mortgage Resets, Real Estate Time Bombs

This is from the UK:

timebomb

And this is from the US:

a bit outdated
loan-resets

In Canada, we will probably have the same but with a bit of a delay.

I squint just thinking about another potential “double dip” in the economy. Lots of people around me are getting that glint of hope in their eyes again, work is starting to pick up. Would hate to see these “green shoots” :) destroyed by the second wave of mortgage defaults.

Food Inflation

Every time they run out of something at the grocery stores the price is always higher after re-stocking, without exception. Be it 20 or 40 cents, but it’s always higher.

And I noticed things go out of stock a lot faster (credit issues? other reasons for stocking less?), which means the prices go up quite often. It’s been happening for at least 18 months now.

Food inflation is rampant, despite the fact that the Canadian dollar is doing really well.