As long as there are people like polak, and anecdotally, some of my friends who are just waiting for a nice dip in prices to buy in, I'm not worried at all. Pent up demand means that there is a nice cushiony floor to bounce off of, and in the meantime I'll keep taking rent.
However, once those people start changing their tune to "There's nothing left for me in Calgary", that's when I'll start getting really scared.
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