All you need to know regarding the housing market in Toronto, Canada and abroad.
This week in Toronto: T.O's diverse food gets rave reviews, the housing market wars continue unabated, and cash continues to rule everything around it.
Elsewhere: Canada's housing market is overrated according to some, Fort Worth is the place to be, and troubling signs in Dublin.
Toronto’s Ethnic Buffet (New York Times)
Ranks of mega-wealthy to surge as Toronto leads way (The Globe and Mail)
"According to the group, Toronto, one of the three Canadian cities ranked, was home to 1,184 such people last year, but their ranks are projected to swell by 23 per cent to 1,456 in 2023."
"They’re handing out mortgages to people without any apparent understanding that today’s home-buying couple is tomorrow’s family of three or four. A lot happens to one’s ability to afford mortgage payments when kids come along, but you’d never know it by the way lenders qualify borrowers."