‘Renter Nation’ Just A Myth: 93% of Millennial Renters Plan To Buy A Home Someday

Trulia‘s Chief Economist discusses the findings from Trulia’s latest American Dream survey. Consumer optimism about homeownership is rebounding as the housing market recovers, even among young adults who were often pegged as renters for life during the recession. Meanwhile, rising prices will encourage some homeowners to sell in 2013.

Read more: http://tinyurl.com/aflq2xj

State-owned investors a new reality as Canada debates Chinese oilpatch bid

OTTAWA- The Chinese National Offshore Oil Corp.’s bid to buy Calgary oil producer Nexen Inc. is posing a conundrum to Canada’s governments and its people: what do we do when wealthy state-owned enterprises come calling?

Asking that question is easy. The hard part, it seems, is answering it.

Read more: http://tinyurl.com/ckk6dv7  

Who owns the oil sands?

National hand-wringing over foreign ownership of the oil sands, especially by state-owned enterprises, is spiking across the country. But while there has always been foreign participation in Canada’s most-capitalized natural resource, and that participation is increasing, an in-depth look at oil sands involvement shows that Canadians are still the dominant operators and employers.

Read more: http://tinyurl.com/c74ej5g