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Canada likely sitting on the largest housing bubble of all time: Strategist - BNN Bloomberg (www.bnnbloomberg.ca)
submitted 1 year ago by Pxtl@lemmy.ca to c/canada@lemmy.ca
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[-] whoisearth@lemmy.ca 4 points 1 year ago

They've been around forever and it's for financial wonks so their intended audience in this case is people involved in everything financial as it pertains to houses from C level to keener analysts.

It's legit.

[-] villasv@lemmy.ca 9 points 1 year ago

Bloomberg a legit news source. Two things though:

  1. This BNN Bloomberg, which is Business News Network after getting acquired by Bloomberg. It's still a pretty factual news source (sometimes even more so than Bloomberg itself)
  2. This isn't news. It's a person (Phillip Colmar, partner at Global Strategist at MRB Partners) saying what they think. It's more like an opinion piece, improvised on live television, and most of those are indeed garbage even in otherwise respectable outlets.
[-] jerkface@lemmy.ca 1 points 1 year ago

I'm sure a large commercial financial news outlet is factual most of the time. And I'm sure a lot of the time that they aren't (even if through omission), it's serving their owners.

this post was submitted on 23 Aug 2023
183 points (96.0% liked)

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