Quote:
Originally Posted by AFireInside
Don't forget, 40 year mortgages with no money down are gone in 2 weeks.
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40 yr amortizations will be gone, but there are still going to be 35 yr ones. That shouldnt make too much difference in terms of the number of buyers.
If I own property anywhere in Canada, I want it to be in Calgary. Our economy is the strongest in all the country and will handle a downturn the best, I would think.