The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.
Tales from a war zone: The Toronto real estate market
“The house hunt has become a blood sport involving bully bids, bribery and a willingness to pay $100,000 over asking, without conditions, for the ugliest address on the street,” this story in Toronto Life magazine begins.
Who can an afford a house?
Housing affordability is a mess in Vancouver and dicey in Toronto, but Calgary’s looking pretty good.
Build a mortgage bunker
A mortgage broker offers some ideas on how to arrange your mortgage so that you’re protected against events that affect your ability to keep up with your payments. Here’s Part One, and here’s Part Two.
Return to the gold standard? Bad idea
An argument against the United States returning to the gold standard in order to keep inflation under control. The Republicans are looking at this possibility.