Quote:
Originally Posted by Hack&Lube
I don't know. I was recently at some condo presales and there were like 200 chinese people there scrambling after scraps and waving money and signing papers in a competitive frenzy like it was some mad auction.
Even if oil prices are depressed, will these external factors come into play? It's already a big deal/big issue in Vancouver and parts of Asia.
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Ive lived in two condo buildings. In both buildings it seemed that 50% of occupants were Asian. I dont know why they flock to condos so much.
Im not sure if that is translating to houses in Alberta too.