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Carrick on money: High house prices are a burden on society

Heavy house prices can be a burden on society

Sergey Nivens/THINKSTOCK

The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

High house prices are a burden on society
This financial blogger used to think warnings about high real estate values were overblown. Now, he thinks high prices are a societal problem.

Reality checks on dividend stocks
A blogger does something cool – he checks up on a favourable opinion he offered on the utility stock TransAlta several years back. The stock has gone from $20 to $13.

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Investors are often warned about stocks with extra high dividend yields like, say, something in the 10 per cent range. Here, a blogger looks back at a bunch of 10-per-centers he wrote about back in 2011. Some big gains here.

Luxury home sales doing fine
Soaring prices in markets like Calgary and Toronto have in no way chilled the market for mega-homes.

More Money
Join the 46,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters.

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