That is pretty interesting.
It's futility to try to predict how much prices will rise or fall, and really it doesn't matter much except to speculators (such as people who were flipping).
I was going to say I hate all the negativity around housing prices, while it is something to watch some media spins it like its the end of the world. "Joe lost $40,000 this past year alone." Um, no Joe didn't, unless he sold. After a 45% increase everyone and their dog was saying there would be a correction, then when there is one the media is aghast.
We had a net 56,000 person increase in population in Alberta last year, unemployment is moving but not by 56,000 worth so that means jobs are still being created. I can't even remember if I've seen it said that Alberta itself is actually in a recession.
Sorry, just get frustrated at all the doom and gloom, when economic recoveries are so dependent on public perception.
EDIT: Oh man he had some videos of Benjamin Tal up but they've been removed
I've personally listened to Mr Tal.