Results for "real estate"

A Place in the Sun Still Precious: Price of owning a house in Kelowna still one of the highest in the country

Even with house prices down in a soft economy, Kelowna’s housing is still considered “severely unaffordable.” The Frontier Centre for Public Policy’s eight annual Demographia Housing Affordability Survey puts the city’s multiple ratio at 6.6, the fourth most unaffordable in the country behind Vancouver, Abbotsford and Victoria.

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Propaganda Rules the World

One of the greatest books that explain how the world works is Propaganda by Edward Bernays. The man dubbed “the father of public relations” applied the psychological ideas of his uncle Sigmund Freud upon the masses, triggering their basic motivations to the benefit of...

Comparing Lives to Lives

Comparing Lives to Lives

Sometimes I wonder what people will say 100 years from now about the unprecedented events of 2020—not just about the pandemic, but about the extraordinary legal and economic measures imposed by governments around the world, purportedly for the purpose of saving lives....

Suppress Airbnb, Expect a Black Market

Suppress Airbnb, Expect a Black Market

Buenos Aires Uber drivers ask passengers to ride upfront to avoid vigilante attacks - an Argentine judge has ruled Uber illegal and the country’s banks have cut off Uber’s access.  The city’s taxi cartel has shut down roads and brought violence and arson upon Uber...

Recently a long died and largely unlamented tax has been rediscovered with some new-ish fans who never really repudiated their great love for it. It is the Death Tax, or Estate Tax, which was abolished in Canada in 1971 by a Liberal government when a capital gains tax...

Playgrounds for Elites

Playgrounds for Elites

The revival of America’s core cities is one of the most celebrated narratives of our time—yet, perhaps paradoxically, urban progress has also created a growing problem of increasing inequality and middle-class flight. Once exemplars of middle-class advancement, most...

America’s New Energy Boom Is Bust for Foreign Suppliers

For the better part of a year, Canadian officials and executives watched from afar as a shale-oil boom exploded south of the border. But it wasn’t until last fall that the full impact of the U.S. energy boom hit the provincial government here in the heart of Canada’s oil patch. Around October, prices for Canadian bitumen—a heavy crude from the country’s vast oil sands developments—tanked, walloping the economy of America’s largest supplier of foreign oil, its biggest trading partner and one of its closest allies.