CLASSIC: Foreign Investment and the Housing Crisis

Ben, Matt and Noel present a Classic episode: In cities across Canada, the US and other parts of the world, the cost of living continues to rise -- and housing becomes increasingly unaffordable. Rental rates outpace inflation. Owning a home becomes virtually impossible for millions. Economists have debated the usual causes of this crisis for years... but it appears there's a variable many people haven't considered, something a little stranger than domestic supply and demand. Investors from across the planet are pouring money into real estate, not for a home, but as a safe haven for storing cash.

They don't want you to read our book.: https://static.macmillan.com/static/fib/stuff-you-should-read/

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