26 min listen
If Canada's biggest housing markets are bubbles, why aren't they popping?
FromThe Big Story
ratings:
Length:
24 minutes
Released:
Oct 18, 2022
Format:
Podcast episode
Description
Last week, a Swiss bank's annual ranking put Toronto No. 1 and Vancouver No. 6 on its list of the world's top housing bubbles. And although both cities have seen home prices decline this year, it's nowhere near close to matching their recent gains. So ... is this really a bubble, or will we not know until, oops, it pops?What does a popped housing bubble actually look like in cities with limited supply? What would it do to homeowners who have their life savings in their property? And what would it mean to those who currently feel like they will never be able to own a home in these cities?GUEST: Ari Altstedter, Reporter at Bloomberg News
Released:
Oct 18, 2022
Format:
Podcast episode
Titles in the series (100)
Meet the west coast's Indigenous guardians: There are places on the coast of British Columbia that can go weeks without a visit from the coast guard or government official. But the land is cared for all the same, and so is anyone who finds themselves in danger while they're on it. The practice of Indigenous guardians goes back centuries, but recently it has been both formalized and funded by the government, giving First Nations the authority and resources to watch over their lands. It's an arrangement that may spread across the country and return more stewardship of forests, lakes and oceans to the people who have lived on them for so long... and this is how it works. GUEST: Jimmy Thomson, writing for The Narwhal by The Big Story