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

Miniature houses

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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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Editor's note: If you don't receive Rob Carrick's newsletter twice weekly by email, you can sign up to get it for free at The Globe and Mail. All you need to do is register for the site, or if you've already registered, log in and go to your profile at the top of the homepage. Once you're in your profile, look under Newsletters and Alerts and look for the Personal Finance Reader and other newsletters. Other financial newsletters include: Business Ticker, a summary of the day's top business stories; and Berman's Market Update, a summary of the markets at the open, noon and close.

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About the Author
Personal Finance Columnist

Rob Carrick has been writing about personal finance, business and economics for close to 20 years. He joined The Globe and Mail in late 1996 as an investment reporter and has been personal finance columnist since November 1998. Rob's personal finance columns appear in The Globe on Tuesday and Thursday, and his Portfolio Strategy column for investors appears on Saturday. More

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