{"id":8647,"date":"2021-03-06T17:36:01","date_gmt":"2021-03-07T01:36:01","guid":{"rendered":"https:\/\/www.stevesaretsky.com\/?post_type=saretsky-reports&#038;p=8647"},"modified":"2022-11-24T00:45:28","modified_gmt":"2022-11-24T08:45:28","slug":"the-saretsky-report-march-2021","status":"publish","type":"post","link":"https:\/\/www.stevesaretsky.com\/2021\/03\/saretsky-report\/the-saretsky-report-march-2021\/","title":{"rendered":"The Saretsky Report. March 2021"},"content":{"rendered":"<p>Now that consensus has finally figured out this is no longer a case of pent-up demand, but rather a new bull market, people are looking for someone to blame. As I mentioned in last months report, this was a housing boom manufactured in Ottawa. Ironically, in a recent media interview, former Bank of Canada governor Stephen Poloz, admitted the recent housing boom was an intended consequence. \u201cIf the side-effect is a hot housing market, that\u2019s one I\u2019ll take every day.\u201d &#8211; Poloz responded when asked about the extreme monetary policy measures taken at the onset of the pandemic. Adding, \u201cIt\u2019s hot, and we could see signs of speculation, but we have to accept that because otherwise we would have a really, really bad recession.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Now that consensus has finally figured out this is no longer a case of pent-up demand, but rather a new bull market, people are looking for someone to blame. As I mentioned in last months report, this was a housing boom manufactured in Ottawa. Ironically, in a recent media interview, former Bank of Canada governor [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":6924,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[164],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>The Saretsky Report. 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