{"id":696,"date":"2011-06-24T20:04:33","date_gmt":"2011-06-25T00:04:33","guid":{"rendered":"http:\/\/blog.carlrobitaille.org\/?p=696"},"modified":"2011-06-24T20:04:33","modified_gmt":"2011-06-25T00:04:33","slug":"whats-really-driving-house-prices-in-canada-the-must-see-graph-of-the-day","status":"publish","type":"post","link":"https:\/\/blog.carlrobitaille.org\/?p=696","title":{"rendered":"What&#8217;s Really Driving House Prices In Canada? The Must-See Graph Of The Day&#8230;"},"content":{"rendered":"<p><a href=\"http:\/\/www.zerohedge.com\/article\/guest-post-whats-really-driving-house-prices-canada-must-see-graph-day\">Guest Post: What&#8217;s Really Driving House Prices In Canada? The Must-See Graph Of The Day&#8230;<\/a><\/p>\n<blockquote><p>But if we boiled them all down into one word, it would be this:  DEBT!  And the pace of debt accumulation is not sustainable&#8230; ergo, the pace of house price appreciation is not sustainable.  Nor are house prices at current levels relative to underlying fundamentals.<\/p><\/blockquote>\n<p><img decoding=\"async\" src=\"http:\/\/www.theeconomicanalyst.com\/sites\/default\/files\/article_inside\/2011\/05\/06\/house_prices_vs_mortgage_debt.jpg\" alt=\"\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Guest Post: What&#8217;s Really Driving House Prices In Canada? The Must-See Graph Of The Day&#8230; But if we boiled them all down into one word, it would be this: DEBT! And the pace of debt accumulation is not sustainable&#8230; ergo, &hellip; <a href=\"https:\/\/blog.carlrobitaille.org\/?p=696\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-696","post","type-post","status-publish","format-standard","hentry","category-finances"],"_links":{"self":[{"href":"https:\/\/blog.carlrobitaille.org\/index.php?rest_route=\/wp\/v2\/posts\/696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.carlrobitaille.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.carlrobitaille.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.carlrobitaille.org\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.carlrobitaille.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=696"}],"version-history":[{"count":1,"href":"https:\/\/blog.carlrobitaille.org\/index.php?rest_route=\/wp\/v2\/posts\/696\/revisions"}],"predecessor-version":[{"id":697,"href":"https:\/\/blog.carlrobitaille.org\/index.php?rest_route=\/wp\/v2\/posts\/696\/revisions\/697"}],"wp:attachment":[{"href":"https:\/\/blog.carlrobitaille.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.carlrobitaille.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.carlrobitaille.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}