Quote:
Originally Posted by The Yen Man
Meh, you predict a big spike in interest rates, I predict it won't. Even if it starts going up, it'll creep towards the 3-4% and probably stay there for another few years. And to be honest, I think Calgary's rental market is crazier than its housing market. It's nuts to be renting right now when you can qualify for a mortgage and own IMO.
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That does a lot of good to the kids that took 35-40 year mortgages.