Quote:
Originally Posted by Sylvanfan
You want a place with real estate prices that could crash hard? Kelowna had Garth Turner in disbelief at one point in time. At least Calgary somewhat supports high cost housing.
|
Calgary has the highest income in the country with the province Alberta responsible for 90+% of job creation in the county. Kelowna has golf courses and wineries.
If there is indeed a real estate correction in Canada, BC will suffer tremendously. Vancouver's economy is so dependent on real estate it could be disastrous. Calgary will still have jobs, the world will still need oil.