Lamborghini Bros No More: Crypto Is Creating a New Wealth Effect
It’s an oft-told anecdote littering social media: Those who invested early in cryptocurrencies have enjoyed life-changing wealth.
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It’s an oft-told anecdote littering social media: Those who invested early in cryptocurrencies have enjoyed life-changing wealth.
Australia’s housing rental value hit a fresh record in April with some cities seeing renewed growth momentum, a troubling sign for the Reserve Bank that’s likely to leave borrowing costs at a 12-year high this week to stave off price pressures.
Households making under $10,000 per year experience double the exposure to pollution compared to households making more than $150,000.
Berlin-based condom producer Einhorn has promoted its mission to protect the environment with products like its vegan, fair-trade rubbers. Now, it’s taking that ambition out of the bedroom and onto the balcony.
Wall Street analysts see a double-digit upside potential for the S&P 500’s biggest losers this year: real estate stocks.
Apr 13, 2021
BNN Bloomberg
,The head of one of Canada’s largest banks is wading into the housing debate, arguing supply constraints need to be addressed amid surging home prices.
Victor Dodig, Chief Executive Officer of the Canadian Imperial Bank of Commerce, also told BNN Bloomberg he supports government intervention in an overheated real estate market as long as it can contribute to stable home ownership.
“I’m supportive of everything that will create a sound, growing financial system in Canada but will also give Canadians access to long-term stable home ownership,” Victor Dodig said in an interview. “We have to recognize that low interest rates are here today and that’s subscribing part of it. But we also have to recognize that there’s a generational transfer of wealth going on.”
The full interview will be broadcast on BNN Bloomberg on Wednesday, April 14 at 8:30 a.m. ET/5:30 a.m. PT.