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Simple, Sensible Reforms for Housing Finance

"At the peak of the boom in 2006, over a third of all U.S. home purchase lending was made to people who already owned at least one house. In the four states with the most pronounced housing cycles, the investor share was nearly half—45 percent. Investor shares roughly doubled between 2000 and 2006. While some of these loans went to borrowers with “just” two homes, the increase in percentage terms is largest among those owning three or more properties.
United States Las Vegas Stanford University Freddie Mac Tomasz Piskorski John Ligon

These Nova Scotians can hear their neighbour — a coal mine — 8 kilometres away

Donkin — the only operational underground coal mine in Canada — closed in 2020 after a series of roof cave-ins and a provincial stop-work order. The ventilation fan that causes Donkin’s constant noise pulls fresh air into the mine to dilute methane and prevent explosions.
Cape Breton Nova Scotia New South Wales Prince Edward Island Michael Lea Sarah Barnes

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