{"id":8953,"date":"2022-08-05T21:02:48","date_gmt":"2022-08-06T04:02:48","guid":{"rendered":"https:\/\/www.stevesaretsky.com\/bubbles-are-bursting-in-two-of-the-largest-housing-markets-the-loonie-hour-episode-43\/"},"modified":"2022-11-29T11:46:52","modified_gmt":"2022-11-29T19:46:52","slug":"bubbles-are-bursting-in-two-of-the-largest-housing-markets-the-loonie-hour-episode-43","status":"publish","type":"post","link":"https:\/\/www.stevesaretsky.com\/2022\/08\/the-loonie-hour\/bubbles-are-bursting-in-two-of-the-largest-housing-markets-the-loonie-hour-episode-43\/","title":{"rendered":"Bubbles are Bursting in Two of The Largest Housing Markets: The Loonie Hour Episode 43"},"content":{"rendered":"<p>Bubbles Are Bursting in Two of the Largest Housing Markets \u2013 The Loonie Hour #043   Will the Central banks cave on their inflation mandate in the eyes of weakening economic data? The Bank of England just raised interest rates 50bps and says a recession is all but guaranteed for the fourth quarter and that it will last well into next year. The Canadian housing market continues to roll over, with both Vancouver &#038; Toronto Real Estate markets experiencing multi-decade lows in housing sales. Toronto house prices dropped nearly 4% in the month of July. Financial stresses continue to escalate.   Listen to The Loonie Hour on your favourite podcast platform:   The Loonie Hour on Spotify: https:\/\/open.spotify.com\/show\/4vA4m1d9RVo9KitszSHzN0   The Loonie Hour on Apple Podcasts: https:\/\/podcasts.apple.com\/ca\/podcast\/the-loonie-hour\/id1591470469    #TheLoonieHour #Macroeconomics #PersonalFinanceCanada<\/p>\n","protected":false},"excerpt":{"rendered":"<p>https:\/\/www.youtube.com\/watch?v=R59gK6RmdPU<\/p>\n","protected":false},"author":1,"featured_media":8954,"comment_status":"open","ping_status":"open","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":[160],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Bubbles are Bursting in Two of The Largest Housing Markets: The Loonie Hour Episode 43 - Steve Saretsky<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.stevesaretsky.com\/2022\/08\/the-loonie-hour\/bubbles-are-bursting-in-two-of-the-largest-housing-markets-the-loonie-hour-episode-43\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bubbles are Bursting in Two of The Largest Housing Markets: The Loonie Hour Episode 43 - Steve Saretsky\" \/>\n<meta property=\"og:description\" content=\"https:\/\/www.youtube.com\/watch?v=R59gK6RmdPU\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.stevesaretsky.com\/2022\/08\/the-loonie-hour\/bubbles-are-bursting-in-two-of-the-largest-housing-markets-the-loonie-hour-episode-43\/\" \/>\n<meta property=\"og:site_name\" content=\"Steve Saretsky\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/stephen.saretsky\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/saretsky91\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-06T04:02:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-29T19:46:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.stevesaretsky.com\/wp-content\/uploads\/2022\/11\/R59gK6RmdPU.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"480\" \/>\n\t<meta property=\"og:image:height\" content=\"360\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Steve Saretsky\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/SteveSaretsky\" \/>\n<meta name=\"twitter:site\" content=\"@SteveSaretsky\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Steve Saretsky\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.stevesaretsky.com\/2022\/08\/the-loonie-hour\/bubbles-are-bursting-in-two-of-the-largest-housing-markets-the-loonie-hour-episode-43\/\",\"url\":\"https:\/\/www.stevesaretsky.com\/2022\/08\/the-loonie-hour\/bubbles-are-bursting-in-two-of-the-largest-housing-markets-the-loonie-hour-episode-43\/\",\"name\":\"Bubbles are Bursting in Two of The Largest Housing Markets: The Loonie Hour Episode 43 - Steve Saretsky\",\"isPartOf\":{\"@id\":\"https:\/\/www.stevesaretsky.com\/#website\"},\"datePublished\":\"2022-08-06T04:02:48+00:00\",\"dateModified\":\"2022-11-29T19:46:52+00:00\",\"author\":{\"@id\":\"https:\/\/www.stevesaretsky.com\/#\/schema\/person\/21dcfa049c53088c3f577e61e857c1e4\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.stevesaretsky.com\/2022\/08\/the-loonie-hour\/bubbles-are-bursting-in-two-of-the-largest-housing-markets-the-loonie-hour-episode-43\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.stevesaretsky.com\/2022\/08\/the-loonie-hour\/bubbles-are-bursting-in-two-of-the-largest-housing-markets-the-loonie-hour-episode-43\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.stevesaretsky.com\/2022\/08\/the-loonie-hour\/bubbles-are-bursting-in-two-of-the-largest-housing-markets-the-loonie-hour-episode-43\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.stevesaretsky.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bubbles are Bursting in Two of The Largest Housing Markets: The Loonie Hour Episode 43\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.stevesaretsky.com\/#website\",\"url\":\"https:\/\/www.stevesaretsky.com\/\",\"name\":\"Steve Saretsky\",\"description\":\"Vancouver Real Estate Blog\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.stevesaretsky.com\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-CA\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.stevesaretsky.com\/#\/schema\/person\/21dcfa049c53088c3f577e61e857c1e4\",\"name\":\"Steve Saretsky\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\/\/www.stevesaretsky.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/0d45900a2542f7770ef6a15f1ad4ccdd?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/0d45900a2542f7770ef6a15f1ad4ccdd?s=96&d=mm&r=g\",\"caption\":\"Steve Saretsky\"},\"description\":\"Born and raised in Vancouver, BC. I have a passion for Real Estate, creating a business, and connecting with people. I build my Real Estate business on human relationships not leads and numbers. I believe in advising my clients on making the best real estate decisions not on closing another commission cheque. My goal is to help people build wealth through real estate.\",\"sameAs\":[\"http:\/\/www.buyvancouvercondos.ca\",\"https:\/\/www.facebook.com\/saretsky91\",\"https:\/\/twitter.com\/https:\/\/twitter.com\/SteveSaretsky\"]}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bubbles are Bursting in Two of The Largest Housing Markets: The Loonie Hour Episode 43 - Steve Saretsky","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.stevesaretsky.com\/2022\/08\/the-loonie-hour\/bubbles-are-bursting-in-two-of-the-largest-housing-markets-the-loonie-hour-episode-43\/","og_locale":"en_US","og_type":"article","og_title":"Bubbles are Bursting in Two of The Largest Housing Markets: The Loonie Hour Episode 43 - Steve Saretsky","og_description":"https:\/\/www.youtube.com\/watch?v=R59gK6RmdPU","og_url":"https:\/\/www.stevesaretsky.com\/2022\/08\/the-loonie-hour\/bubbles-are-bursting-in-two-of-the-largest-housing-markets-the-loonie-hour-episode-43\/","og_site_name":"Steve Saretsky","article_publisher":"https:\/\/www.facebook.com\/stephen.saretsky","article_author":"https:\/\/www.facebook.com\/saretsky91","article_published_time":"2022-08-06T04:02:48+00:00","article_modified_time":"2022-11-29T19:46:52+00:00","og_image":[{"width":480,"height":360,"url":"https:\/\/www.stevesaretsky.com\/wp-content\/uploads\/2022\/11\/R59gK6RmdPU.jpg","type":"image\/jpeg"}],"author":"Steve Saretsky","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/SteveSaretsky","twitter_site":"@SteveSaretsky","twitter_misc":{"Written by":"Steve Saretsky","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.stevesaretsky.com\/2022\/08\/the-loonie-hour\/bubbles-are-bursting-in-two-of-the-largest-housing-markets-the-loonie-hour-episode-43\/","url":"https:\/\/www.stevesaretsky.com\/2022\/08\/the-loonie-hour\/bubbles-are-bursting-in-two-of-the-largest-housing-markets-the-loonie-hour-episode-43\/","name":"Bubbles are Bursting in Two of The Largest Housing Markets: The Loonie Hour Episode 43 - Steve Saretsky","isPartOf":{"@id":"https:\/\/www.stevesaretsky.com\/#website"},"datePublished":"2022-08-06T04:02:48+00:00","dateModified":"2022-11-29T19:46:52+00:00","author":{"@id":"https:\/\/www.stevesaretsky.com\/#\/schema\/person\/21dcfa049c53088c3f577e61e857c1e4"},"breadcrumb":{"@id":"https:\/\/www.stevesaretsky.com\/2022\/08\/the-loonie-hour\/bubbles-are-bursting-in-two-of-the-largest-housing-markets-the-loonie-hour-episode-43\/#breadcrumb"},"inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.stevesaretsky.com\/2022\/08\/the-loonie-hour\/bubbles-are-bursting-in-two-of-the-largest-housing-markets-the-loonie-hour-episode-43\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.stevesaretsky.com\/2022\/08\/the-loonie-hour\/bubbles-are-bursting-in-two-of-the-largest-housing-markets-the-loonie-hour-episode-43\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.stevesaretsky.com\/"},{"@type":"ListItem","position":2,"name":"Bubbles are Bursting in Two of The Largest Housing Markets: The Loonie Hour Episode 43"}]},{"@type":"WebSite","@id":"https:\/\/www.stevesaretsky.com\/#website","url":"https:\/\/www.stevesaretsky.com\/","name":"Steve Saretsky","description":"Vancouver Real Estate Blog","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.stevesaretsky.com\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-CA"},{"@type":"Person","@id":"https:\/\/www.stevesaretsky.com\/#\/schema\/person\/21dcfa049c53088c3f577e61e857c1e4","name":"Steve Saretsky","image":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/www.stevesaretsky.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/0d45900a2542f7770ef6a15f1ad4ccdd?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/0d45900a2542f7770ef6a15f1ad4ccdd?s=96&d=mm&r=g","caption":"Steve Saretsky"},"description":"Born and raised in Vancouver, BC. I have a passion for Real Estate, creating a business, and connecting with people. I build my Real Estate business on human relationships not leads and numbers. I believe in advising my clients on making the best real estate decisions not on closing another commission cheque. My goal is to help people build wealth through real estate.","sameAs":["http:\/\/www.buyvancouvercondos.ca","https:\/\/www.facebook.com\/saretsky91","https:\/\/twitter.com\/https:\/\/twitter.com\/SteveSaretsky"]}]}},"_links":{"self":[{"href":"https:\/\/www.stevesaretsky.com\/wp-json\/wp\/v2\/posts\/8953"}],"collection":[{"href":"https:\/\/www.stevesaretsky.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.stevesaretsky.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.stevesaretsky.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.stevesaretsky.com\/wp-json\/wp\/v2\/comments?post=8953"}],"version-history":[{"count":1,"href":"https:\/\/www.stevesaretsky.com\/wp-json\/wp\/v2\/posts\/8953\/revisions"}],"predecessor-version":[{"id":10070,"href":"https:\/\/www.stevesaretsky.com\/wp-json\/wp\/v2\/posts\/8953\/revisions\/10070"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.stevesaretsky.com\/wp-json\/wp\/v2\/media\/8954"}],"wp:attachment":[{"href":"https:\/\/www.stevesaretsky.com\/wp-json\/wp\/v2\/media?parent=8953"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.stevesaretsky.com\/wp-json\/wp\/v2\/categories?post=8953"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.stevesaretsky.com\/wp-json\/wp\/v2\/tags?post=8953"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}