Good news for newspaper readers

…and another failure in the long list of failed online newspaper ventures. From business headlines on CBS Marketwatch: 7:24[NYT] New York Times: Free access to Web content to start Wed. 7:23[NYT] New York Times to open up free access to online content 7:22[NYT] New York Times ends TimesSelect online service Prepare for more liberal sprinklingscontinue reading

Change in tone

Months of smug, rah-rah, our market’s different from every other area with a housing boom in the world coverage are followed inevitably by: Scotiabank: [T]here is growing evidence of overvaluation in home prices in some parts of the country — a precursor to a period of softening conditions… the further domestic home prices climb above underlyingcontinue reading

ISO a media criticism category

I’m sure whoever wrote this felt very clever, but it’s just unprofessional, in my view. Or maybe I’m just annoyed because I felt stupid that I couldn’t guess what “the obvious” was in this headline on Bush to announce the obvious Will endorse recommendation this week from his top commander in Iraq to bringcontinue reading

Three takes

What’s more compelling for a newspaper reader, like me, who checks in to see what the latest news is on her favourite papers’ websites: Would it be: The Globe’s 12:28 headline story, “Canada’s changing family”, topped by a photo of a gay couple waving what is presumably a marriage license, or The Post’s non-time-stamped CanWestcontinue reading

Snap, crackle, and possibly pop

Finally, an article on real estate appears in the Canadian media that is not written by someone using the Canadian Real Estate Association talking points. Saturday’s Financial Post has a comment from a Lakehead University economics prof, who has done some basic analysis of prices to annual rental value to come up with a price-to-earningscontinue reading

Digging himself an ever-deeper grave

John Tory now favours not just funding private religious schools teaching the Ontario curriculum, but also supports these schools’ rights to teach creationism: Creationism raised as Ont. election issue CAROLINE ALPHONSO AND TENILLE BONOGUORE Globe and Mail Update September 5, 2007 at 2:41 PM EDT TORONTO — Publicly-funded religious schools would be allowed teach creationismcontinue reading

Cognitive dissonance

The fundamentals in Toronto don’t point to continued accelerated growth in the housing market: Toronto CMA unemployment went up by 0.1% in July to 7.0% — one of the highest u/e rates in the country and higher than the headline 6.0%. Toronto’s wage growth was smack in the middle of national wage growth at 3.6%continue reading

Housing prices vs. rent

I recently had a conversation with an acquaintance who had bought a house to renovate and resell in the Bloor and Ossington area. She mentioned that she was amazed by the price rise in the area, and noted that if she wasn’t able to sell the house, she wouldn’t be able to rent it outcontinue reading