In my head, I think of myself as a mathematician first and an economist second.

As such, one thing you should know about mathematicians is that they don’t talk much — we sorta just state things and expect you put the dots together yourself.

In that spirit, here’s your graph of the day showing Canada’s housing “bubble”:

[Source]

I think when people talk about “Canada’s housing bubble” they’re really talking about “Vancouver’s housing bubble”.