Quote:
Originally Posted by EldrickOnIce
The only problem is, when the market corrects or the bubble breaks, every market is affected, including ones that didn't see prices rise 2-300% in the last little while. So Calgary home owners could get hit way harder than Vancouver or Toronto, for example.
Or so is the theory anyway
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Or maybe the poor man's foreign millionaires start buying up real estate in Calgary because even they can't afford Vancouver anymore.