In addressing the matter of a speculative housing bubble, the more important question to answer is: are these robust economic fundamentals in Vancouver strong enough to support such price gains? Based on a number of indicators, we still don't think so.
Craig Alexander
Related We do not think these strong gains have been irrational or speculative, they are based in fundamenta... ROBERT PARKES In contrast to Central and Eastern Canada, housing conditions in Western Canada remain very tight an... CRAIG ALEXANDER [Even with the changes in the market, many economists remain optimistic that the housing market is n... BOB WALTERS If the price of commodities drops due to a change in the fundamentals relating to China, then the sp... JAMES MONTIER Clearly, it is difficult to make a case for a housing price bubble in Austin or anyplace else in Tex... ELDON RUDE We're in a scaling back mode after two or three weeks of gains. We need some kind of strong economic... ALFRED KUGAL I think what we have in store is a slow deflating of the housing bubble, not a bursting of the bubbl... MARK ZANDI While this is a second-tier economic number, this just shows how robust the housing sector is and th... COREY REDFIELD The answer isn't more time but a greater awareness of the time we have. CRAIG GROESCHEL We've had such robust economic indicators over the past few months that today's report was really re... BRIAN JONES Our economy is robust and will remain strong as more Americans who want a job find one. Republican e... DENNIS HASTERT It's a challenge for new film directors to know when it's enough to ask people for their opinions an... MARTIN DANSKY I am often asked how it is that I am able to value people to such a deep degree. Apparently, I exhib... C. JOYBELL C. The fundamentals are very strong for all these (equities). They're still generating a ton of cash fl... MATT GIBSON Wake up to a brand new day and realize why you woke up to meet the day! Live to the end of another d... ERNEST AGYEMANG YEBOAH We do believe that the U.S. housing market is a bubble in the sense that its contribution to consume... JAN HATZIUS There are a number of reasons why none of the cities in Texas are threatened by the bubble. Our hous... JAMES GAINES It is difficult to argue that there is a bubble on a national level since it more of a coastal story... JOHN SHIN Most of us think we're too busy or too important to rest for a day. CRAIG GROESCHEL The Canadian dollar is oversold. The economic fundamentals are still strong, which enticed investors... REID FARRILL You must save what you can of your life; you musn't lose it all simply because you've lost a part. HENRY JAMES This market just keeps going and going and people are betting on even further gains. Strength in eco... HITOSHI YAMAMOTO You're full of contradictions, Ms. Wallace." I looked up at him and arched a brow. "I'm a girl... TAMMARA WEBBER I can't comment on the short term situation. But over the long term, based on the economic growth fu... ANDREW HOLLAND The only way he could have her was to shatter this stubborn faith of hers. In doing so, would he sha... FRANCINE RIVERS There are a lot of different things going on than there was ... People talk about a bubble in housin... JAMES PAULSEN Each of us views life through a different lens. What we think is colored by the baggage we carry, an... LAURIE BUCHANAN, PHD The continuing shortages of housing inventory are driving the price gains. There is no evidence of b... DAVID LEREAH It's a dream run for investors. The market is showing no signs of losing steam despite touching such... DEEPAK SHAH It's nice to know that the Fed is taking (exotic home loans) seriously. It looks like (Greenspan's) ... CHRISTOPHER LOW The question of whether there exists a supernatural creator, a God, is one of the most important tha... RICHARD DAWKINS If I provide for this life and turn away from the Lord, I am wise for a moment, but lost forever. FRANCINE RIVERS The only way he could have her was to shatter this stubborn faith of hers. In doing so, would he sha... FRANCINE RIVERS And because God has entrusted you with such riches, you can use these resources to make a profound d... CRAIG GROESCHEL I'm still unclear on how indicators and standards are not only going to be used, but how they are (b... JENNIFER MERCHANT Accompanying strong seasonal gains in March are gains in sectors typically less affected by seasonal... AARON SMITH The strikes and good economic indicators from China are supporting this round of the rally. The posi... GU YUAN In terms of economic growth, the fundamentals are clearly on the side of the U.S.. We don't think th... BRIAN BETHUNE We believe the committee was able to make significant gains in addressing the economic concerns that... DAVID BLANCHARD We may see a flattening of the increase, but not much of a drop. The fundamentals remain strong: Emp... BOB WALTERS All indicators are pointing to strong economic growth. That's got people excited, especially in an e... LARRY PERUZZI The best thing you can do for your kids is to show them God working in you on a daily basis. CRAIG GROESCHEL She wasn't bitter. She was sad, though. But it was a hopeful kind of sad. The kind of sad that just ... STEPHEN CHBOSKY So, I guess we are who we are for alot of reasons. And maybe we'll never know most of them. But even... STEPHEN CHBOSKY I love my mom so much. I don't care if that's corny to say. I think on my next birthday, I'm going t... STEPHEN CHBOSKY We Are All Infinite STEPHEN CHBOSKY (All the grief she had suffered over her lifetime had moulded her face into a mask of eternal sadnes... JEAN SASSON You can't just sit there and put everyone's lives ahead of yours and think that counts as love. You ... STEPHEN CHBOSKY I saw other people there. Old men sitting alone. Young girls with blue eye shadow and awkward jaws. ... STEPHEN CHBOSKY That one moment when you know you are not a sad story. You are ALIVE. STEPHAN CHBOSKY Somos quienes somos por un montón de razones.Quizás nunca conozcamos la mayoría de ellas.Pero aun... STEPHEN CHBOSKY Ambos dijeron que tomara asiento y parecían hablar en serio, así que me senté. STEPHEN CHBOSKY I know these will all be stories some day, and our pictures will become old photographs. We all beco... STEPHEN CHBOSKY So I guess we are who we are for a lot of reasons. And maybewe'll never know most of them. STEPHEN CHBOSKY So I guess we are who we are for a lot of reasons. And maybe we'll never know most of them. STEPHEN CHBOSKY There's nothing like the deep breathes after laughing that hard. Nothing in the world like a sore st... STHEPHEN CHBOSKY no more pencils, no more books, no more teachers' dirty looks, when the teacher rings the bell, drop... STEPHEN CHBOSKY I don't know the significance of this, but I find it very interesting. STEPHEN CHBOSKY Maybe it’s sad that these are now memories. And maybe it’s not sad. STEPHEN CHBOSKY We are still in an upward trend. The fundamentals are still in place but I think we are having a bit... DARREN HEATHCOTE Empathy is the new measurement of everything. It doesn't matter what religion you have, what God you... C. JOYBELL C. Never give up on you. In order to make a difference you would have to somehow be different. JOHNNIE DENT JR. You deserve to be with somebody, who knows you're the one, from that very first moment he lays eyes ... C. JOYBELL C. I think that the averages are holding their own. You've got to keep in mind that we're coming off fi... BRYAN PISKOROWSKI Housing may get another mini boost from the recent drop in rates. These data do lag a bit. Still, it... ROBERT BRUSCA Demand remains incredibly robust. Housing activity in the rest of the country was very robust, and t... BOB WALTERS I think there's a lot of room in the mandate as it is for robust action, ... But it's a matter for t... FRED ECKHART It was disappointing, especially given that we are in such a rich market for oil and (refined) produ... WILF GOBERT To ask the 'right' question is far more important than to receive the answer. The solution of a prob... JIDDU KRISHNAMURTI Negative consequences of the hurricane are appearing in economic indicators and getting hard to igno... TORU UMEMOTO In general, the economy is proving to be resilient to energy and gas price pressure. It's on a growt... MICHAEL ENGLUND In the journey of life, certain paths may seem to be leading nowhere because of a mountain or hill o... ERNEST AGYEMANG YEBOAH How should I know?" said Alice, surprised at her own courage. "It's no business of mine." The Q... LEWIS CARROLL The Christmas Price Index reflects the changing economic mix in the U.S. away from manufacturing to ... JEFF KLEINTOP We think 'home' fundamentals are tied to product cycles and not the housing cycles. NEELY TAMMINGA How lucky I am to have known somebody and something that saying goodbye to is so damned awful. EVANS G. VALENS Be not be discourage by the rejections. Do not stop because of anxiety; stop because you are done wi... ERNEST AGYEMANG YEBOAH Do not be discourage by people who reject your true purpose. Do not stop because of anxiety; stop be... ERNEST AGYEMANG YEBOAH So, tomorrow, I'm leaving. And I'm not going to let that happen again with anyone else. I'm going to... STEPHEN CHBOSKY I have been looking at a number of things in affordable housing because I do know that the price of ... DAVID IGE Some people never take a chance and never know what it's like to live life to the full. CHLOE THURLOW These indicators are suggesting a pickup in economic activity over the next few months now that the ... CARL WEINBERG Pressures are particularly evident in the West where housing prices in local markets such as Riversi... PAUL FERLEY We're always taught that God wants us to always only say "I can't do this without You God" , "Whatev... C. JOYBELL C. The price of success is hard work, dedication and determination to the endeavour which he loves utmo... DR ANIL KUMAR SINHA As with all of these scandals, the longer it takes them to answer the question, the more interest th... MASSIE RITSCH Any area where institutions are not involved is great for individuals. When the institutions aren't ... HARRY EISENBERG [Nonetheless, while there still is forward momentum in manufacturing,] it appears to be less robust ... STEVEN WOOD Although housing sales and starts have cooled to more typical levels, the housing market remains str... RANDY NEUGEBAUER We know there are 4,000 children in this state in institutions, but we suspect that there's a much g... JEFF STENSLAND The unfortunate thing is that, sometimes, we slip, but, fortunately, consciously or unconsciously, w... ERNEST AGYEMANG YEBOAH That's important because the actual proper economic indicators are getting a bit behind the times in... PAUL DONOVAN It's a matter of addressing where there are high concentrations of businesses. Caledonia Street shou... BUD MIYAMOTO There is no greater glory than to die for love. GABRIEL GARCíA MáRQUEZ Together they had overcome the daily incomprehension, the instantaneous hatred, the reciprocal nasti... GABRIEL GARCíA MáRQUEZ She would defend herself, saying that love, no matter what else it might be, was a natural talent. S... GABRIEL GARCíA MáRQUEZ We are still quite strong in spite of expectations for product stock builds. Question marks over Nig... CHRISTOPHER BELLEW There is a big picture driver of this phenomenon. That is the significant discount in the price of r... R. SCOT SELLERS I was very grateful to have heard it again. Because I guess we all forget sometimes. And I think eve... STEPHEN CHBOSKY I guess we are who we are for a lot of reasons. And maybe we'll never know most of them. But even if... STEPHEN CHBOSKY
More Craig Alexander
It is one of the hardest things to forecast. So, get used to it. CRAIG ALEXANDER Based on long-term factors, including demographics and income growth, the average annual increase in... CRAIG ALEXANDER We estimate that only Winnipeg and the Atlantic are more affordable than Calgary and Edmonton, but o... CRAIG ALEXANDER Given these divergent signals from the Bank of Canada and the Fed, look for the Canadian dollar to s... CRAIG ALEXANDER The odds clearly favor the Bank of Canada raising the overnight rate by a quarter point on May 24 to... CRAIG ALEXANDER Canada's housing markets remained robust in early 2006, despite slightly higher mortgage rates. Howe... CRAIG ALEXANDER Speculation has picked up in Western Canada, while housing markets in Central Canada appear to be co... CRAIG ALEXANDER In contrast to Central and Eastern Canada, housing conditions in Western Canada remain very tight an... 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ALEXANDER POPE How happy is the blameless vestal's lot? The world forgetting, by the world forgot. ALEXANDER POPE And die of nothing but a rage to live. ALEXANDER POPE Act well your part, there all the honour lies. ALEXANDER POPE A little learning is a dangerous thing; Drink deep, or taste not the Pierian spring. ALEXANDER POPE The greatest magnifying glasses in the world are a man's own eyes when they look upon his own pe... ALEXANDER POPE Never find fault with the absent. ALEXANDER POPE A brain of feathers, and a heart of lead. ALEXANDER POPE Teach me to feel another's woe, to hide the fault I see, that mercy I to others show, that mercy... ALEXANDER POPE On life's vast ocean diversely we sail. Reasons the card, but passion the gale. ALEXANDER POPE We do not even see the sun for several months in the north of Sweden. ALEXANDER AHNDORIL Charms strike the sight, but merit wins the soul. ALEXANDER POPE Fools rush in where angels fear to tread. ALEXANDER POPE To all general purposes we have uniformly been one people, each individual citizen everywhere enjoyi... ALEXANDER HAMILTON The composition of the primary is so different than when I was first elected governor in 1978. LAMAR ALEXANDER If you have a solution to immigration, it is possible to come home and defend it. LAMAR ALEXANDER The job of mayor and Governor is becoming more and more like the job of university president, which ... LAMAR ALEXANDER Sooner or later, I need to begin to do what any candidate does in a presidential race; I need to beg... LAMAR ALEXANDER We've got a strong group of Republicans who are conservatives who know that their jobs aren'... LAMAR ALEXANDER I've got a new rule. It'll be rule No. 312. If it's three days before a campaign, don... LAMAR ALEXANDER President Bush and I had asked Congress to appropriate a half-billion dollars to school vouchers. We... LAMAR ALEXANDER We do all the appropriating. 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DOUGLAS ALEXANDER The International Brigades and the British volunteers were, numerically, only a small part of the Re... BILL ALEXANDER The anger in the Brigade against those who fought the Republic in the rear was sharpened by reports ... BILL ALEXANDER This Network Generation have grown up in a connected world. With Skype, Facebook, Twitter and the In... DOUGLAS ALEXANDER Your death and my death are mainly of importance to ourselves. The black plumes will be stripped off... ALEXANDER SMITH Scarce any Tale was sooner heard than told;And all who told it, added something new,And all who hear... ALEXANDER POPE See skulking Truth to her old cavern fled, Mountains of Casuistry heap'd o'er her head! Philos... ALEXANDER POPE Good God! how often are we to die before we go quite off this stage? In every friend we lose a part ... ALEXANDER POPE Death is but a passage. It is not a house, it is only a vestibule. The grave has a door on its inner... ALEXANDER MACLAREN No doubt I shall go on writing, stumbling across tundras of unmeaning, planting words like bloody fl... ALEXANDER TROCCHI The history of human conduct does not warrant that exalted opinion of human virtue which would make ... ALEXANDER HAMILTON When occasions present themselves, in which the interests of the people are at variance with their i... ALEXANDER HAMILTON In the usual progress of things, the necessities of a nation in every stage of its existence will be... ALEXANDER HAMILTON In the main it will be found that a power over a mans support salary is a power over his will. ALEXANDER HAMILTON The fundamental source of all your errors, sophisms, and false reasonings, is a total ignorance of t... ALEXANDER HAMILTON I understand what happens to the brain when people are near death, and I had always believed there w... EBEN ALEXANDER I grew up in a scientific world, the son of a neurosurgeon. EBEN ALEXANDER I'm not the first person to have discovered evidence that consciousness exists beyond the body. ... EBEN ALEXANDER As a neurosurgeon, I did not believe in the phenomenon of near-death experiences. EBEN ALEXANDER There is no scientific explanation for the fact that while my body lay in coma, my mind - my conscio... EBEN ALEXANDER Our spirit is not dependent on the brain or body. It is eternal, and no one has one sentence worth o... EBEN ALEXANDER The honor of a nation is its life. ALEXANDER HAMILTON In framing a government which is to be administered by men over men, the great difficulty lies in th... ALEXANDER HAMILTON I never expect to see a perfect work from an imperfect man. ALEXANDER HAMILTON Thee too, my Paridel! she mark'd thee there,
Stretch'd on the rack of a too easy chair,
And h... ALEXANDER POPE It is part of the cure to wish to be cured.
[Lat., Pars sanitatis velle sanari fruit.] ALEXANDER POPE There are times when I think, if I were a bit more famous, life could be easier in terms of work bec... ALEXANDER HANSON I am not aspiring to be a senior bureaucrat. It would limit my freedom. ALEXANDER LEBEDEV Joe E. Lewis said, 'Money doesn't buy happiness but it calms the nerves.' And that is ho... ALEXANDER PAYNE Be careful about Burma. Most people cannot remember whether it was Siam and has become Thailand, or ... ALEXANDER COCKBURN That's not to say we won't hear an aircraft occasionally, but the national standard for noise compat... ALAN ALEXANDER It's a very rugged country, and the weather can turn rapidly. Sometimes you can see the storms comin... ALAN ALEXANDER Insurgents used to mortar the thing every day. Luckily, it was a very large base and they were very ... ALAN ALEXANDER I had some personal reservations about, 'Can I do the job?' But I had no reservations about being mo... ALAN ALEXANDER When my unit left, we felt good about what we had done. ALAN ALEXANDER The bookful blockhead, ignorantly read, With loads of learned lumber in his head. ALEXANDER POPE England in the late 1940s was famously grim. As I remember it, London back then was a very dirty pla... ALEXANDER COCKBURN Even when I was an actor in training, one criticism my teachers had was that I should think about di... JASON ALEXANDER War means blind obedience, unthinking stupidity, brutish callousness, wanton destruction, and irresp... ALEXANDER BERKMAN Such a wife as I want... must be young, handsome I lay most stress upon a good shape, sensible a lit... ALEXANDER HAMILTON More and more people care about religious tolerance as fewer and fewer care about religion ALEXANDER CHASE A soft refusal is not always taken, but a rude one is immediately believed ALEXANDER CHASE To understand is to forgive, even oneself. ALEXANDER CHASE To attempt suicide is a criminal offense. Any man who, of his own will, tries to escape the treadmil... ALEXANDER CHASE The most imaginative people are the most credulous, for them everything is possible ALEXANDER CHASE Psychiatry's chief contribution to philosophy is the discovery that the toilet is the seat of the so... ALEXANDER CHASE A man's home is his wife's castle ALEXANDER CHASE Memory is the thing you forget with ALEXANDER CHASE People, like sheep, tend to follow a leader - occasionally in the right direction. ALEXANDER CHASE Without the spice of guilt, sin cannot be fully savored. ALEXANDER CHASE 'Tis not enough your counsel still be true; Blunt truths more mischief than nice falsehoods do. ALEXANDER POPE How index-learning turns no student pale,
Yet holds the eel of science by the tale. ALEXANDER POPE Reason, however able, cool at best,
Cares not for service, or but serves when prest,
Stays til... ALEXANDER POPE Say first, of God above or man below,
What can we reason but from what we know? ALEXANDER POPE We may eventually come to realize that chastity is no more a virtue than malnutrition. ALEXANDER COMFORT My two favorite movies are 'Coming to America' and 'Boomerang'. SHAUN ALEXANDER A man should never be ashamed to own that he is wrong, which is but saying in other words that he is... ALEXANDER POPE Lely on animated canvas stole
The sleepy eye, that spoke the melting soul. ALEXANDER POPE He best can paint them who shall feel them most. ALEXANDER POPE Wretches hang that jurymen may dine. ALEXANDER POPE If, presume not to God to scan; The proper study of Mankind is Man. Plac'd on this isthmus of a midd... ALEXANDER POPE But if
We have such another victory, we are undone. ALEXANDER POPE The heart resolves this matter in a trice,
"Men only feel the smart, but not the vice." ALEXANDER POPE Virtue, I grant you, is an empty boast;
But shall the dignity of vice be lost? ALEXANDER POPE Wealth is the product of man's capacity to think. ALEXANDER POPE What riches give us let us then inquire:
Meat, fire, and clothes. What more? Meat, clothes, and ... ALEXANDER POPE Get place and wealth, if possible, with grace;
If not, by any means get wealth and place. ALEXANDER POPE One science only will one genius fit; so vast is art, so narrow human wit. ALEXANDER POPE When I was training, I trained with my younger brother Brady. I would wrestle some of my friends, wh... JAIMIE ALEXANDER Zeal is very blind, or badly regulated, when it encroaches upon
the rights of others. ALEXANDER POPE Poets heap virtues, painters gems, at will,
And show their zeal, and hide their want of skill. ALEXANDER POPE But Satan now is wiser than of yore, and tempts by making rich, not making poor. ALEXANDER POPE Know then this truth, enough for man to know virtue alone is happiness below. ALEXANDER POPE Life has taught me to think, but thinking has not taught me to live. ALEXANDER HERZEN Most women have no characters at all. ALEXANDER POPE Learn to live well, or fairly make your will; you played, and loved, and ate, and drunk your fil... ALEXANDER POPE All great art, and today all great artlessness, must appear extreme to the mass of men, as we know t... ALEXANDER TROCCHI Most authors steal their works, or buy. ALEXANDER POPE Why did I write? What sin to me unknown dipped me in ink, my parents , or my own? ALEXANDER POPE True ease in writing comes from art, not chance, as those move easiest who have learned to dance. 'T... ALEXANDER POPE Fix'd like a plan on his peculiar spot, to draw nutrition, propagate, and rot. ALEXANDER POPE Here, sir, the people govern; here they act by their immediate representatives. ALEXANDER HAMILTON The system is the best that the present views and circumstances of the country will permit. ALEXANDER HAMILTON The bookful blockhead ignorantly read, With loads of learned lumber in his head, With his own ... ALEXANDER POPE I find myself... hoping a total end of all the unhappy divisions of mankind by party-spirit, which a... ALEXANDER POPE They dream in courtship, but in wedlock wake. ALEXANDER POPE Know then thyself; presume not God to scan; The proper study of mankind is man. ALEXANDER POPE 'Tis with our judgments as our watches, none
Go just alike, yet each believes his own. ALEXANDER POPE Bear, like the Turk, no brother near the throne. ALEXANDER POPE We are not afraid to entrust the American people with unpleasant facts, foreign ideas, alien philoso... ALEXANDER POPE Behold the child, by nature's kindly law, pleased with a rattle, tickled with a straw. ALEXANDER POPE Honor and shame from no condition rise; Act well your part, there all the honor lies. ALEXANDER POPE The liturgy of the Eucharist is best understood as a journey or procession. It is the journey of the... ALEXANDER SCHMEMANN Education forms the common mind. Just as the twig is bent, the tree's inclined. ALEXANDER POPE Did some more sober critics come abroad? If wrong, I smil'd; if right, I kiss'd the rod. ALEXANDER POPE Our envy of others devours us most of all ALEXANDER SOLZHENITSYN Even the most rational approach to ethics is defenseless if there isn't the will to do what is right ALEXANDER SOLZHENITSYN Own only what you can always carry with you: know languages, know countries, know people. Let your m... ALEXANDER SOLZHENITSYN Hastiness and superficiality are the psychic diseases of the twentieth century, and more than anywhe... ALEXANDER SOLZHENITSYN The Universe has as many different centers as there are living beings in it ALEXANDER SOLZHENITSYN Blow the dust off the clock. Your watches are behind the times. Throw open the heavy curtains which ... ALEXANDER SOLZHENITSYN I am of course confident that I will fulfill my tasks as a writer in all circumstances -- from my gr... ALEXANDER SOLZHENITSYN Justice is conscience, not a personal conscience but the conscience of the whole of humanity. Those ... ALEXANDER SOLZHENITSYN Literature becomes the living memory of a nation. ALEXANDER SOLZHENITSYN Generosity is a two-edged virtue for an artist - it nourishes his imagination but has a fatal effect... ALEXANDER SOLZHENITSYN I'm tired of hearing it said that democracy doesn't work. Of course it doesn't work. We are supposed... ALEXANDER WOOLLCOTT