Fresh Pricks In Housing Bubble - 2005-03-02
There is a heated debate over whether there is a bubble in the U.S. housing market generally or in certain localities, or whether there is a bubble at all. But the past two days have brought fresh warnings that home prices are unsustainable.

If rents can't support a mortgage, there is no point in owning an investment property, except for the hope that home prices will inevitably rise, as they have been.
Read the full story at Forbes

More plan to purchase a house - 2005-03-02
Three in 10 Canadians plan to purchase a house in the next two years, the most since 1997, a Royal Bank of Canada survey released Wednesday showed.

“The move towards home ownership goes on for Canadians,” said Clayton Van Esch, RBC's senior manager of mortgages in a release. “Low mortgage rates, flexible payment plans, and continued affordability are all part of the reason why so many people are poised to purchase over the next two years.”
Read the full story at Globe and Mail