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photon · 05-27-2006, 10:59 AM

I totally agree with Vancouver, affordability is very low there and their wages increases aren't very good.

For Calgary as to why 40%? Hard to say, other than real estate was way below other major centres and combine that with a huge influx and constrained supplies and prices quickly rise. But I wouldn't bet the bank on another 40%. The best way to invest in real estate isn't really buy and flip anyway (unless you are doing something to add value such as renovate, subdivide, rezone, whatever).

EDIT: Ooops, amazing what a missed "n't" will do

05-27-2006, 10:59 AM	#29
photon The new goggles also do nothing. Join Date: Oct 2001 Location: Calgary Exp:	I totally agree with Vancouver, affordability is very low there and their wages increases aren't very good. For Calgary as to why 40%? Hard to say, other than real estate was way below other major centres and combine that with a huge influx and constrained supplies and prices quickly rise. But I wouldn't bet the bank on another 40%. The best way to invest in real estate isn't really buy and flip anyway (unless you are doing something to add value such as renovate, subdivide, rezone, whatever). EDIT: Ooops, amazing what a missed "n't" will do __________________ Uncertainty is an uncomfortable position. But certainty is an absurd one.