Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Recession drags rising number of Albertans into financial ruin

Erick Estrada · 07-31-2016, 10:17 AM

I do feel bad for people that have bought and mortgaged any house in Calgary over the last 15 years. I bought my place in the 90's when houses were fairly priced for the quality of house. I would say more than half the houses built in the housing boom are garbage quality and I cringe when I see houses sell on my street for half a million. If I was in the position of some of these people paying for overpriced junk houses I would probably cut bait as well if unemployed as they simply aren't worth the investment.

07-31-2016, 10:17 AM	#39
Erick Estrada Franchise Player Join Date: Oct 2006 Location: San Fernando Valley Exp:	I do feel bad for people that have bought and mortgaged any house in Calgary over the last 15 years. I bought my place in the 90's when houses were fairly priced for the quality of house. I would say more than half the houses built in the housing boom are garbage quality and I cringe when I see houses sell on my street for half a million. If I was in the position of some of these people paying for overpriced junk houses I would probably cut bait as well if unemployed as they simply aren't worth the investment.