It's interesting to watch how sentiment from banks, BOC, newpapers, and people in general seems to have shifted (or in some combination) from:
- BS, there is no bubble moron, we are way more responsible!
- The fundamentals don't matter anymore, there has been a paradigm shift
- Meh, maybe some places in Canada are a little higher than they should be
- We're not like (insert location), we have (limited land, resources, jobs, money, immigrants, etc.) - everybody wants live here.
- Who cares if household debt is higher than the US or Greece, interest rates aren't going up any time soon.
- Oh yeah, Vancouver and Toronto are going to get hit, but we have natural gas and oil - we will be unaffected
- Don't mind natural gas prices, we still have oil prices
Always interesting to watch the numbers, who knows how it will all pan out in the long run.
Last edited by chemgear; 04-05-2012 at 10:09 AM.
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