Central bankers agree that climate change poses a threat to the financial system. An insurance crisis is exactly the kind of problem that could spread.
Articles on Mortgage market
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New mortgage products designed to help struggling first-time buyers hark back to the pre-2008 market and so should come with a warning.
While authorities such as the Reserve Bank often see them as risky, interest-only loans can be helpful in some circumstances.
Banks typically do not want their customers to default on property and have processes in place to help reduce the risk of this happening.
It’s natural to assume that a downturn in the property market is good news for people who’ve been priced out of the market. In practice, they might still not be able to buy a home.
Low-income women suffer evictions and violence in Canada’s most “livable” cities.
A whole bunch of folks are on the wire, and if their housing payments go up they are going to struggle.
Top contributors
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Research Associate, British Columbia Centre on Substance Use and PhD Candidate, Faculty of Health Sciences, Simon Fraser University
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Scientia Professor of Economics, UNSW
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Associate Professor in Property and Real Estate, Deakin University
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Head of Department of Economics, Finance & Accounting, Brunel University of London
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Associate Professor in Finance, University of Sydney
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Professor of Property and Housing Economics, Adelaide University
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Professor of Economics and Environmental Studies, Wesleyan University