Misrepresenting? I don't think so... I did say "worried about the possibility"... for details see the article that I quoted.
But anywhoo, I agree this has been going on for a long time. And the longer it goes on, the higher the housing market goes, the less likely the correction is to happen, correct? That seems to be a general train of thought here on this board.
I'm sure there is nothing in the future that could further stress our economy. Official recession in Alberta is almost guaranteed, but hey it's going to be a small one. The oil price will continue to be low for the foreseeable future. The layoffs continue...
http://calgary.ctvnews.ca/forecast-s...year-1.2426358
It's just peachy out there!