Personal Finance Reader

Rob Carrick's Reader: Housing - Don't worry, be happy

The Globe and Mail

Miniature houses (Comstock Images/Getty Images/Comstock Images)

The best of the web on money, markets and all things financial, as chosen daily by Globe and Mail personal finance columnist Rob Carrick.

Housing: Don’t worry, be happy

A blogger endeavours here to calm people’s nerves about the housing market. Seems some of us financial journalists have been scaring you poor folks with our talk about what even a few bank economists are calling an over-valued market in some cities. This column of mine seems to have been a tipping point. It’s about a Vancouver couple who sold their home in March to lock in a massive gain.

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What do you get when a housing market - Vancouver in this case - becomes too pricey for young people to buy in? One answer is the laneway house, where a small dwelling is built on the property of a large one.

Guarantees for the gullible

A short, sweet demonstration of how index-linked guaranteed investment certificates are designed to make money for the sellers ahead of buyers.



Living on planet Apple

This infographic shows just how dominant Apple is as a global economic force. To start with, its sales are larger than the gross domestic product of roughly 160 countries.



More money

Join the 10,000+ people who subscribe to my Facebook personal finance community for talk about investing, retirement, real estate, banking and other financial matters. I’m also on Twitter.



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