The Global Financial Bubble, Vancouver Station---A $4 Million Teardown

have written extensively about the surreal Vancouver real estate bubble in the past, but the following listing on Canada's REW site, summarizes the current state of Vancouver housing in one image better than any article ever could.

We present the following house which could be yours for the low price of C$3,990.000:

David Stockman's Contra Corner is the only place where mainstream delusions and cant about the Warfare State, the Bailout State, Bubble Finance and Beltway Banditry are ripped, refuted and rebuked. Subscribe now to receive David Stockman’s latest posts by email each day as well as his model portfolio, Lee Adler’s Daily Data Dive and David’s personally curated insights and analysis from leading contrarian thinkers.