Quote:
Originally Posted by hulkrogan
That doesn't line up with anything I've looked up on the subject, ever. If accurate, awesome. I don't think a housing crash can make anyone all that happy, even if they predict it and don't own any real estate.
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Makes sense, look at the graph, even if house prices in Calgary are now at the same level they were in 07/08 interest rates are close to half.
Quite a bit more affordable given the interest rate environment. Doesn't take into account the long term picture but who knows what that involves.