The Saretsky Report
Steve SaretskyWeekly musings on the Canadian housing market, interest rates, and the economy.
| Platform |  | Pricing | Only free issues | Publishes | Weekly |
|---|---|---|---|---|---|
| Issues | 187 | Founded | 4 years ago | Last Issue | 7 days ago |
| Active | |||||
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stevesaretsky.substack.comLatest Issues
Build BC Strong
Happy Monday Morning!
The provincial election is heating up in BC. Last week we wrote about David Eby’s economically incoherent unsold condo tax. Today we revisit that policy along with a few other ideologically motivated policies that wer...
The Unsold Condo Tax
Happy Monday Morning!
For the past several years this newsletter has been detailing the housing bear market. For example, last year we noted that the Greater Vancouver resale market experienced a 25 year low in annual home sales. Ouch.
H...
Shadow Inventory
Happy Monday Morning!
The US Federal Reserve raised interest rates by 25bps and penciled in an additional rate hike later this year. Officials voted unanimously to increase the federal funds rate to a range of 3.75% to 4% on Wednesday. It...
Floating Rates
Happy Monday Morning!
All eyes are on the bond market these days. Global bond markets are in the midst of a synchronized selloff, with yields hitting multi-year or multi-decade highs across the US, UK, Germany, Japan, and Canada simultaneo...
The Cost of Holding an Asset
Happy Monday Morning!
More pain for landlords in BC. Already grappling with a 31 year high in the vacancy rate, a shrinking population for the first time in history, and a record number of purpose-built rentals in the pipeline, the BC gove...
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Authors
The writers behind this newsletter.
Real Estate aficionado. Vancouver Realtor & investor. Avid student of Macro Economics and Credit Cycles.
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