Tsur Somerville, director of the centre for urban economics and real estate at UBC’s Sauder School of Business, said he also doesn’t believe there’s a real estate bubble in Metro Vancouver, largely because there’s not an explosion in housing starts. Somerville said while the affordability numbers have been skewed by the higher end parts of [...]
Facebook has launched an initial public offering that has unleashed an almost hysterical frenzy. Facebook’s business model is based on mkaing money on advertising, giving users a free service in exchange for their personal information, habits and other data that is important to marketers. “They offer the opportunity to target demographics specifically,” said UBC Sauder [...]
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