August 30, 2015

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Stop Complaining About Housing Prices and Start Looking for Solutions

House For Sale Getty

My suggestion to people concerned about housing in Toronto and Vancouver is to stop looking for a scapegoat, stop searching for someone to blame, and start coming up with real, workable plans. The first step is to accept that high housing prices are justified based on supply and demand and devise a workable strategy that can either increase supply or reduce demand based on current market conditions. Be part of the solution, not the problem.

This Is The Week We Find Out Officially If Canada's In Recession

Canada Flag
TIMOTHY A. CLARY via Getty Images

Ashley Madison CEO Out Of A Job

Noel Biderman
Courtoisie

Canadian Banks Defend Mortgage Practices After Broker Fraud Claims

Canadian Banks Offshore Tax Havens

All Workers Safe After Explosion At Oilsands Processing Site

Syncrude Mildred Lake Alberta Oilsands
CP

10 Flights For $800? IN!

Canadian Gap Store Brands To Phase Out On-Call, Short-Notice Shifts

The Gap Store
AP

Cheap Oil Good For Canada And The World, Scotiabank CEO Says

Brian Porter Scotiabank
CP

Regulator Orders Nexen To Suspend 95 Pipeline Operations

Nexen Pipeline Spill
CP

Heinz Pear Green Bean Mango Baby Food Recalled

Heinz Baby Food
Heinz Baby

Love Of AC/DC May Have Outed Ashley Madison Hacker

Acdc
ASSOCIATED PRESS

The Labor Ruling McDonald's Has Been Dreading Just Became A Reality

Athena Image
Bloomberg via Getty Images

Tesla's Model S Is So Great It Broke Consumer Reports' Scoring System

Elon Musk
ASSOCIATED PRESS

Goodbye, Goodyear Blimp

Goodyear Blimp

Why Big Firms Like Gap And eBay Are Mobilizing Against Climate Change

Athena Image
MARK RALSTON via Getty Images

Practically No Women Were Ever Active On Ashley Madison: Analysis

Ashley Madison
Carl Court via Getty Images

Another Sign Low-Wage Workers Are Finally Gaining Some Power

Athena Image
ASSOCIATED PRESS

Boeing Shows Off Its Drone-Killing Laser

Boeing Laser
Boeing

Oil Prices Rebound In Biggest One-Day Gain Since 2008

Oil Barrels
Guy Vanderelst via Getty Images

Amazon Launches 1-Hour Booze Service In U.S.

Amazon Logo
Bloomberg via Getty Images

Look: Abandoned Targets Of Canada Memoralized With A Tumblr Page

Target Canada Liquidation Sale
Joe O'Connal

Luxury Stores Are Moving To Canada's Suburban Malls

Core Centre Calgary
Core Shopping

Look: Top 10 Luxury Shopping Areas

How Ontario Could Lose Billions From The Oil Price Collapse

Toronto Skyline
Nathan Bergeron Photography

McDonald's Cuts Ties With Chicken Supplier After Abuse Video

Mcdonalds Chicken Prices
Getty

Toronto-Dominion Bank Makes $2.3 Billion In 3 Months

Td Bank Mortgage Rate Hike
CP

Canada Grew Richer, More Equal In 2014: Survey

Loonies Toonies

Canadian Cities Ranked By Wealth

Former Canadian CEO Detained In Bulgaria Over Corruption Allegations. Again.

Leonard Homeniuk
Bloomberg via Getty Images

China's Turbulent Stock Market Slips Once Again

Athena Image
Credit: Ng Han Guan/Associated Press

As Tuition Rises, Food Banks Appear At Canadian Universities

Saint Marys University Halifax
Public Domain

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The U.S.'s Highest-Paying Jobs Aren't On Wall Street..

Women Surgeons
Getty Images

Look: Toronto's Skinniest House Is Selling For $750K

Narrow House Toronto
Re/Max

Stocks Fly After Fed Official Cools September Rate Hike Talk

Athena Image
ASSOCIATED PRESS

Best Buy's Canadian Earnings Suffer Massive Decline

Best Buy
ASSOCIATED PRESS

Fee Hikes Help RBC To Record-High Canadian Earnings

Royal Bank Of Canada
Getty

Self-Serve Kiosks Not A Threat To Jobs, McDonald's Canada Says

Mcdonalds Self Serve
Bloomberg via Getty Images

Burger King To McDonald's: Let's Make A McWhopper For Peace

Mcwhopper
McWhopper.com

'I'm Never Eating Oreos Again'

N.B. Liquor Warns It Could Go Out Of Business If It Loses Court Battle

This U.S. Plus-Size Retailer Is Starting Its Global Expansion With Canada

Torrid Plus Size
Daniel Boczarski via Getty Images

Canadian Broadcasters' Profits Shrink As Streaming And Mobile Move In

Tv Set
Getty Images

Loonie Hits 11-Year Low As China Crashes, Oil Slides

Canadian Dollar Loonie Td Bank
CP

Instead Of A Tip, Diners Leave ‘LOL’ For New Jersey Waitress

Tip Lol
Facebook

Apple Loses $75B In One Morning, Gets It Back When CEO Speaks

Tim Cook
ASSOCIATED PRESS

Look: Cristiano Ronaldo Buys NYC Condo That Inspired ‘50 Shades'

Cristiano Ronaldo
ASSOCIATED PRESS

China's Crash An Opportunity To 'Reset' Canada's Commodity Economy

Mining Canada
Bloomberg via Getty Images

The World's Richest People Just Lost $182 Billion

Bezos Zuckerberg Buffett
AP/Getty

CBC's Got Canada-Wide Technical Issues