Comments on: Everything Canadians Know About Inflation Is Wrong, Here’s Why

By: Toronto and Vancouver See Cost of Living Rise Over 20% Faster Than The Rest of Canada | Better Dwelling

Mon, 26 Mar 2018 14:20:55 +0000

[…] high flying numbers we’re seeing from CPI, these numbers are somewhat sandbagged. Both the method of measurement, and even the need for seasonally adjusting data, are often criticized. Both issues often result in […]

By: Richard Leblanc

Richard Leblanc — Wed, 28 Feb 2018 13:32:10 +0000

Maybe we should just use the term overall cost of living. I’ll start the bidding at OCL. Put that in a book some where in one of our learning institutions. After a few debates between professors and indebted students someone will carry it with them into Goldman Sachs or Berkshire. Next crash will produce a new generation of ideas and through attrition the sanctimonious religiously applied terminology will be absent from finals. Unfortunately brokers will have to refrain from using the new taboo in their endless crusade to make the holy 10% rich. My favorite is “what goes down will eventually come back up so it’s always a safe investment.” I will immediately double the price said the struggling merchant.

By: US Federal Reserve Indicator Shows Canadian Real Estate Is Way Overpriced | Better Dwelling

Fri, 27 Oct 2017 13:36:02 +0000

[…] borrow than save. This results in a type of elevated asset inflation that is not reflected in CPI, which I wrote about just a few months ago. Basically, houses didn’t have a fundamental appreciation, so much as the value of the money used […]

By: Bank of Canada Believes Housing Is Still Pretty Cheap...Seriously | Better Dwelling

Thu, 22 Jun 2017 23:15:35 +0000

[…] This makes it all the more interesting that the BoC would even bring up a rate hike if their own indicator says housing is just trucking along. You know, or the BoC knows this is another bunk indicator they use, kind of like CPI. […]

By: Canadian Incomes Declined For The First Time In Four Years | Better Dwelling

Mon, 29 May 2017 12:22:32 +0000

[…] the same time last year. These numbers were adjusted to 2015 dollars, so this already takes CPI (not inflation) into account. A declining median income is a worrisome trend. It means the number of Canadians […]

By: This Week’s Top Stories: Real Estate Lessons From A Dead Dude, Vancouver’s Market Is Cooling, and 70% of Chinese Millennials Are Homeowners | WewUnik World

Mon, 29 May 2017 04:49:25 +0000

[…] Everything Canadians Know About Inflation Is Wrong, Here’s Why […]

By: Bay Street Guy

Bay Street Guy — Fri, 26 May 2017 21:58:24 +0000

In reply to Owen. Equity in your home isn't savings, it's equity. The difference between rich people and middle class millionaires are rich people understand that a home isn't an investment, it's an asset on your book that has no value unless liquidated.

By: Owen

Owen — Fri, 26 May 2017 18:44:37 +0000

In reply to Alistair McLaughlin. I mostly agree but have to insist that only the interest, taxes, and other expenses are a cost of living. Equity in your home is savings even if it doesn't earn a good rate of return.

By: Alistair McLaughlin

Alistair McLaughlin — Fri, 26 May 2017 18:24:03 +0000

In reply to Owen. Shelter is a cost of living, not an "investment", despite what your realtor, mortgage broker, or parents might tell you.

By: Secret

Secret — Fri, 26 May 2017 04:33:07 +0000

Hey I just really wanted to thank you guys. You nailed it with this article. I’ve always known that CPI is bullshit but couldn’t figure it out. It’s they weigh the different categories. There’s no way Canadians only spend 27% on shelter. It is way more than that and that would skew the entire CPI. Great job and I look forward to more on this topic.