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Carrick on money: Housing market happy hour is over

A for sale sign hangs in the front yard of a property in Burnaby, British Columbia, Monday, April 16, 2012.

Rafal Gerszak/The Globe and Mail

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

Housing market happy hour is over
After a recent flurry of optimistic forecasts for the Canadian housing market in 2014, it's time for a dissenting view. Over to you, Garth Turner.

Here's where you should live, Gen Y
Five cities across the country that are attracting millenials – young adults, in other words – because of cheap living costs and other benefits. Ignore the patronizing introduction.

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Nine financial resolutions for Gen Y – they're U.S.-focused, but still useful.

How to stress test your debt
Some examples of how debt payments would increase if interest rates rose by 1, 1.5 or 2 percentage points. Well worth trying this with your own debts.

Money matters
Join the 34,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters. I'm also on Twitter.

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About the Author
Personal Finance Columnist

Rob Carrick has been writing about personal finance, business and economics for close to 20 years. He joined The Globe and Mail in late 1996 as an investment reporter and has been personal finance columnist since November 1998. Rob's personal finance columns appear in The Globe on Tuesday and Thursday, and his Portfolio Strategy column for investors appears on Saturday. More

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