Crawl Across the Ocean

Friday, September 21, 2007

The Dumbing Down of TD Housing Reports

Once upon a time, Carl Gomez worked for TD Economics, and they produced some of the best reports on the Canadian housing market. But then Carl left to work in the private sector, and now TD produces muddled analysis like this, where the primary argument seems to be that because the bubble hasn't burst yet, there is no bubble.

Read Mohican's post if you want the appropriate sarcastic commentary to accompany your reading of the recent TD report (although if you want to actually be informed, read the earlier one from Carl Gomez instead).

1 Comments:

  • Thanks Declan- I think.

    Now I can't take my mouse off of all those regional 'bubble' sites.

    It's like driving by smash-up after smash-up on the freeway and being unable to avert one's eyes.

    .

    By Blogger Gazetteer, at 4:39 PM  

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