Quote:
Originally Posted by macker
Could be. But one of these years it is going to get really really cold. We have been very lucky so far and the next 3-5 years I am sure this luck will change. Everyone always talks about interest rates but house affordability has many inputs. http://www.energyshop.com/es/homes/g...ceforecast.cfm
Watch the futures market and especially the volume. |
Sorry, I might be missing your point. But high NG prices? Causing a problem in Calgary housing? Aren't high NG/oil prices -> a lot of cash -> speculation what got housing to it's current pricing?
I thought the income and earnings and jobs from high energy prices is what got Calgary booming? I'm sure (most) people could offset the increase in heating