Making money isn't just about cash. If you are acquiring property that holds or appreciates in value, you are increasing your net worth. The cost of the loan may be justified on this basis.
We've filtered through our favorite news sites and here are the articles we're talking about around the office.
- Halloween: Costumes to keep you dry
- Hurricane Sandy: Toronto power outages, TTC problems, school closures
- Storm will keep financial markets closed Tuesday
- Hotel Style for Your Home
- Calgary housing sales lead the country
- Value shoots up as demand for western farmland grows
- Bank of Canada hints at rate hike but stands pat for now
- Toronto market drives home prices up 5.2% in May: CREA
- Reining in CMHC long overdue
- Maybe we can’t have it all. Let’s aim for having enough
Wet witches and sopping supermen dampen the treat of Halloween, so the trick Wednesday night: How to stay dry. [more]
Superstorm Sandy has left tens of thousands of Torontonians without power, cancelling classes at some schools and complicating the daily commute for those travelling to and from school and work. [more]
NEW YORK — Stock trading will be closed in the U.S. for a second day Tuesday as Hurricane Sandy bears down on the East Coast. Bond trading will also be closed. [more]
Who doesn't love the luxury of a hotel stay, especially in a suite designed by the likes of Betsey Johnson or Ralph Lauren? Here's a look at some lustworthy hotel rooms and tips for bringing their aesthetic home with you [more]
Calgary went sharply against the tide of sinking real estate sales across the country in September. [more]
Farmland in Western Canada is soaring in value as farmers looking to cash in on high crop prices expand their lands, Re/ Max said in a report released Monday [more]
For the 16th consecutive policy meeting, the Bank of Canada has decided to keep its benchmark target for the overnight rate steady at one per cent. [more]
A red hot Toronto real estate market drove the home price index up 5.2 per cent in May compared with a year ago, the Canadian Real Estate Association said Friday. [more]
The great beast at the centre of the Canadian housing market is set to start shrinking at last.
Thursday’s decision by Finance Minister Jim Flaherty to further limit mortgage insurance availability means that the Canadian taxpayer’s risk of loss is set to decline. [more]
Anne-Marie Slaughter writes in her much-talked-about cover story for The Atlantic, “Why Women Still Can’t Have it All.” Actually, that cover line, while sure to draw readers the way fish guts draw sharks, is misleading... [more]