What real estate investing means for home prices and ramen noodles
House prices in Canada have been on a seemingly unstoppable trajectory for years. But what do investors who aren't looking for a place to live themselves have to do with the rise in real estate — and are things about to slow down as investors leave the market? Plus, we explain why Justin Bieber isn't allowed to buy a Ferrari anymore, and how restricting who buys what is good for business.
The Cost of Living for May 29, 2022
- The Cost of Living ❤s money — how it makes (or breaks) us.
Catch us Sundays on CBC Radio One at 12:00 p.m. (12:30 p.m. NT).
We also repeat the following Tuesday at 11:30 a.m. in most provinces.
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Are investors behind Canada's hot housing market?
Paul Haavardsrud looks at how investors who aren't looking for a place to live in themselves — impact home prices in this country.
The marketing strategy behind Justin Bieber's Ferrari ban
Ferrari won't sell Canadian celebrity and doughnut endorser, Justin Bieber, another car.
Why?
Biebs painted his existing Ferrari neon blue, breaking the luxury automaker's code of conduct.
It's not often that the company — and not the customer — calls the shots. It's called "velvet rope marketing" and Jennifer Keene explains when it does and doesn't work.
How Canada's hot housing market kept it from making hot ramen noodles
Canadian politicians and business leaders are often extolling the virtues of diversifying the economy and attracting jobs to this country.
But for some businesses, getting the capital to build up jobs domestically can be difficult.
Anis Heydari spoke to an entrepreneur who hit that roadblock when he tried building a high protein, plant-based ramen noodle factory in Canada.
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