Housing Prices

Toronto's Housing Bubble Is Crushing The Strip Club Industry

Until now, Canada's soaring housing prices were just another innocent asset bubble spawned by low interest rates and an endless supply of Chinese cash that needed to get laundered.  But, with Toronto's strip club industry near extinction, the severe unintended consequences of this bubble are suddenly becoming all too real...

Frontrunning: November 29

  • North Korea Missile Launch Shows Ability to Reach D.C. (WSJ)
  • Senate Republicans shove tax bill ahead as Democrats fume (Reuters)
  • British negotiators still working on Brexit deal: Treasury minister (Reuters)
  • Trump Retweets Anti-Muslim Videos From Far-Right U.K. Group (BBG)
  • Bitcoin Futures Provoke Pushback From Market Cops (BBG)

Keep Calm & Carry On

“Before long, we will all begin to find out the extent to which Brexit is a gentle stroll along a smooth path to a land of cake and consumption...”