Bank of Canada warns house prices are overvalued by up to 30 per cent

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Bank of Canada warns house prices are overvalued by up to 30 per cent

OTTAWA – The Bank of Canada estimates that house prices in the country are overvalued by as much as 30% in a report released Wednesday that warned household debt remains the biggest risk to Canada’s economy. The Bank of Canada released its Financial System Review Wednesday, a bi-annual look at the major risks threatening Canada’s financial…

Li Lu In New Interview: China Is Full Of Opportunities For “Patient Investors” Who “Know The Value Of Businesses”

Li LuRecently, Bruce Greenwald carried out a virtual Fireside Chat with Li Lu, the founder and chairman of Himalaya Capital. Greenwald and Lu covered multiple topics during the discussion, addressing everything from the value investor's approach to appraising businesses and what he had learned from his great friend Charlie Munger. The duo also discussed China's economy Read More


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