Quote:
Originally Posted by Claeren
Do you know how many people live (or take residence) in England/London? There are more filthy rich people in England then there are people in Calgary (and likely Alberta). Real Estate in a market like that is considered a great place to hide/place assets. There is just no way you can compare Calgary to England.
Claeren.
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I wasn't comparing Calgary to England, I was comparing the way house prices are rising. And it's all relative since I bet the percentage of filthy rich people is around the same in Calgary than in England. Doesn't matter how many people live in England.