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Five. For the time being.
Households and Nonprofit Organizations; Net Worth, Level/Gross Domestic Product
No comments needed except for one question: what will the next recession do to the Euro area total debt?  Modern monetary policy. Thank you, central bankers.  
Why have Canadian property prices grown so steeply since 2000?
This is why:
How long can the Canadian mortgage boom last? I dare not say.
If your economy's money supply grows like this...
source: tradingeconomics.com
... and debt expansion goes on like that...
... don't expect property prices to remain cheap.
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AuthorPavel Kohout (1967), investor, writer, photographer and application developer (Android, Windows, macOS). Based in London and Prague.
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DISCLAIMER: Contents are provided for general information purposes only and do not constitute an offer to sell or a solicitation of an offer to buy any Security in any jurisdiction. The Publisher does not intend to solicit and is not soliciting, any action with respect to any Security.
The contents of this section have not been approved or disapproved by any securities commission or regulatory authority in any jurisdiction. The contents are neither sufficient for, nor intended by the Publisher to be used in connection with, any decision relating to the purchase or sale of any existing or future Securities. The Publisher does not intend to provide financial, investment, tax, legal, or accounting advice. Investors considering the purchase or sale of any Securities should consult with their own independent professional advisors. Past performance is no guarantee of future returns.