It’s hard not to cheer for an economic downturn

The prospect of a housing market collapse makes me giddy. Low oil prices? It warms my heart. Higher interest rates? Ooh, baby. I would be willing to bet there are a lot of you reading that and nodding your head in agreement. Yes, you think, that could be great. It might even mean that one … Continue reading It’s hard not to cheer for an economic downturn

Calgary doesn’t care about you

Back in 2008, a friend of mine lived in a nice apartment with not-so-great neighbours on a bit of a sketchy corner. Still, the two-bedroom, 1950s-era space was big, relatively nice and relatively cheap at $800 per month. Six years later, that same apartment is up for rent, listed on rentfaster.ca for $3,000. That represents … Continue reading Calgary doesn’t care about you